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REC 7.71% Oct 2033 NCD (INE020B08EQ1)

India Ratings AAA Unsecured NCD

REC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2033

193 more bonds from REC Limited →
Current YTM
—
No current market yield
Coupon Rate
7.71%
Per annum
Maturity Date
31 Oct 2033
7.0 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 24 Aug 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
7.0 Years
Remaining to maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

9 Nov 2026
Interest Payment
₹7,710.00 / Bond
₹6,939.00 net of 10% TDS (est.)
9 Nov 2027
Interest Payment
₹7,710.00 / Bond
₹6,939.00 net of 10% TDS (est.)
9 Nov 2028
Interest Payment
₹7,710.00 / Bond
₹6,939.00 net of 10% TDS (est.)
9 Nov 2029
Interest Payment
₹7,710.00 / Bond
₹6,939.00 net of 10% TDS (est.)
9 Nov 2030
Interest Payment
₹7,710.00 / Bond
₹6,939.00 net of 10% TDS (est.)
9 Nov 2031
Interest Payment
₹7,710.00 / Bond
₹6,939.00 net of 10% TDS (est.)
9 Nov 2032
Interest Payment
₹7,710.00 / Bond
₹6,939.00 net of 10% TDS (est.)
31 Oct 2033
Final coupon (part period) + principal
₹1,07,519.89 / Bond
₹7,519.89 coupon + ₹1,00,000 face value

8 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Payment Disclosures (SEBI Reg52(4))

1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-10-31 Interest ₹2,17,32,00,000.00 ₹2,17,32,00,000.00 Paid XBRL →

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Bond Timeline

— Issue / Maturity | Coupon (projected) ◆ Reg52(4) disclosed ┊ Today
Today Interest paid (SEBI Reg52(4) disclosure) — due 31 Oct 2026 Issued 9 Nov 2023 Matures 31 Oct 2033

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics

Coupon Rate
7.71%
YTM (Annual)
—
Credit Rating
AAA
(India Ratings) · rated 30 Nov 2023, 2 years ago
Over 15 months old; see below
Remaining Tenure
7.0 Years

AAA (India Ratings): Rated 30 Nov 2023 (2 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
5.24 Yrs
Macaulay Duration
5.64 Yrs
Issue Size
₹2,819 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
5.24 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
24 Aug 2026
NSE OTC (WAP)
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.49 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026
Issuer
Instrument Type
NCD
Issue Date
9 Nov 2023
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

REC 7.71% Oct 2033 NCD is an unsecured, rated NCD issued by REC Limited. It pays a 7.71% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
30 Nov 2023 India Ratings AAA — Latest BSE listing
2023 ICRA AAA — NSDL record, 2023 NSDL debt master

Rating Action History

2 actions

Agency actions on REC Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-10-07 CRISIL Reaffirm — — View →
2026-07-06 CRISIL Update — — View →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on REC Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-10-07 CRISIL Reaffirm — View →
2026-07-06 CRISIL Update — View →
Alert me about REC Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE020B08EQ1: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-08-24 100.6256 7.5883 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 ICRA, India Ratings 2023-11-30
Rating Actions History 2 — 2026-10-07
Secondary-Market Trades 1 NSE OTC (WAP) 2026-08-24
Reg52(4) Payment Disclosures 1 NSE 2026-10-31
  • No trade in the last 30 days, so the last traded yield is not shown as current.

Documents

Entity metadata
Source
BSE
Last Updated
8 Nov 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Current Price (Clean)
₹1,00,625.60
YTM—
Trade Date 24 Aug 2026 76d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹190.11
Dirty price (est.)₹1,00,815.71
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE020B08EQ1
Issue Date
9 Nov 2023
Maturity Date
31 Oct 2033
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on REC 7.71% Oct 2033 NCD?

REC 7.71% Oct 2033 NCD carries a coupon of 7.71%, paid annual, on a face value of ₹1,00,000.

When does REC 7.71% Oct 2033 NCD mature?

REC 7.71% Oct 2033 NCD matures on 31 Oct 2033, 7.0 years from today.

What is REC 7.71% Oct 2033 NCD rated?

REC 7.71% Oct 2033 NCD is rated AAA by India Ratings (rating dated 30 Nov 2023).

Is REC 7.71% Oct 2033 NCD secured?

REC 7.71% Oct 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does REC 7.71% Oct 2033 NCD trade?

REC 7.71% Oct 2033 NCD is listed on BSE.

More Bonds from This Issuer

R
REC 7.52% Nov 2026 NCD
INE020B08AA3
AAA NSDL record, 2016
Coupon
7.52%
Maturity
07 Nov 2026
R
REC 5.00% Nov 2026 NCD
INE020B07ML7
AAA NSDL record, 2021
Coupon
5.00%
Maturity
30 Nov 2026
R
REC 7.54% Dec 2026 NCD
INE020B08AC9
AAA NSDL record, 2016
Coupon
7.54%
Maturity
30 Dec 2026
R
REC 5.00% Dec 2026 NCD
INE020B07MM5
AAA NSDL record, 2021
Coupon
5.00%
Maturity
31 Dec 2026
Compare (/) Compare Bonds

Comparable NCDs maturing near 2033

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 7.71%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE103D08039Bharat Sanchar Nigam LimitedAAA NSDL record, 20227.72%2032-12-22
INE115A07QN4LIC Housing Finance LimitedAAA7.69%2034-02-06
INE115A07QP9LIC Housing Finance LimitedAAA NSDL record, 20247.73%2034-03-22
INE115A07QR5LIC Housing Finance LimitedAAA NSDL record, 20247.68%2034-05-29
INE028A08166Bank of BarodaAAA7.75%2034-09-11
INE040A08AF2HDFC Bank LimitedAAA NSDL record, 20237.75%2033-06-13

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