R
AAA Unsecured NCD

REC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
7.60%
Market YTM
Coupon Rate
7.58%
Per annum
Maturity Date
31 May 2029
2.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.60%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+147 bps
vs 2.8Y G-Sec at 6.13%
Below the median spread for similar-tenor peers
Tenure
2.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-30 2026-08-27
Cashflow Timeline
29 May 2027
Interest Payment
₹7,580.00 / Bond
29 May 2028
Interest Payment
₹7,580.00 / Bond
29 May 2029
Interest Payment
₹7,580.00 / Bond
31 May 2029
Principal Payment
₹100,000.00 / Bond

Next 3 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-07-06 Issued 2024-05-29 Matures 2029-05-31

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.58%
YTM (Annual)
7.60%
Credit Rating
AAA
(ICRA)
Remaining Tenure
2.8 Years
Advanced metrics
Modified Duration
2.37 Yrs
Macaulay Duration
2.55 Yrs
Issue Size
₹2,500 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.37 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
NSE OTC (WAP)
Trades (30 Days)
7
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 7 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.42 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Issuer
Instrument Type
NCD
Issue Date
2024-05-29
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

REC Limited issued this rated, ncd (RECL-7.58%-31-5-29-PVT) carrying a 7.58% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-06 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 99.8820 7.6000 None
2026-08-26 100.1243 7.5000 None
2026-08-25 100.1243 7.5000 None
2026-08-21 100.1468 7.4915 None
2026-08-19 100.4747 7.3583 None
2026-08-18 100.4714 7.3600 None
2026-08-10 100.8103 7.2260 None
2026-07-16 100.7431 7.2650 None
2026-07-13 100.9373 7.1900 None
2026-06-30 101.3182 7.0500 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ICRA, INDIA_RATINGS 2026-06-28
Rating Actions History 1 2026-07-06
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-27
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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.

Frequently Asked Questions
What is the coupon rate on REC 7.58% May 2029 NCD?

REC 7.58% May 2029 NCD carries a coupon of 7.58%, paid annual, on a face value of ₹100,000.

When does REC 7.58% May 2029 NCD mature?

REC 7.58% May 2029 NCD matures on 2029-05-31, 2.8 years from today.

What is REC 7.58% May 2029 NCD rated?

REC 7.58% May 2029 NCD is rated AAA by ICRA and AAA by INDIA_RATINGS. As of 2026-06-28.

Is REC 7.58% May 2029 NCD secured?

REC 7.58% May 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does REC 7.58% May 2029 NCD trade?

REC 7.58% May 2029 NCD is listed on BSE.

What yield does REC 7.58% May 2029 NCD currently offer?

The last recorded trade on 2026-08-27 priced REC 7.58% May 2029 NCD at ₹99.88, implying a yield to maturity of 7.60%.

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