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REC 7.35% Jul 2034 NCD (INE020B08FE4)

CRISIL AAA · NSDL record, 2024 Unsecured NCD

REC Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2034

193 more bonds from REC Limited →
Current YTM
—
No market YTM available
Coupon Rate
7.35%
Per annum
Maturity Date
31 Jul 2034
7.7 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
7.7 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.

Cashflow Timeline

14 Dec 2026
Interest Payment
₹3,675.00 / Bond
₹3,307.50 net of 10% TDS (est.)
14 Jun 2027
Interest Payment
₹3,675.00 / Bond
₹3,307.50 net of 10% TDS (est.)
14 Dec 2027
Interest Payment
₹3,675.00 / Bond
₹3,307.50 net of 10% TDS (est.)
14 Jun 2028
Interest Payment
₹3,675.00 / Bond
₹3,307.50 net of 10% TDS (est.)
14 Dec 2028
Interest Payment
₹3,675.00 / Bond
₹3,307.50 net of 10% TDS (est.)
14 Jun 2029
Interest Payment
₹3,675.00 / Bond
₹3,307.50 net of 10% TDS (est.)
14 Dec 2029
Interest Payment
₹3,675.00 / Bond
₹3,307.50 net of 10% TDS (est.)
14 Jun 2030
Interest Payment
₹3,675.00 / Bond
₹3,307.50 net of 10% TDS (est.)
…
+8 more coupons until 14 Jun 2034
₹3,675.00 each / Bond
31 Jul 2034
Final coupon (part period) + principal
₹1,00,943.85 / Bond
₹943.85 coupon + ₹1,00,000 face value

17 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
2026-07-31 Interest ₹1,45,79,00,000.00 ₹1,45,79,00,000.00 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 Jul 2026 Issued 14 Jun 2024 Matures 31 Jul 2034

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

Key Metrics

Coupon Rate
7.35%
YTM (Annual)
—
Credit Rating
AAA
Rating on NSDL record (CRISIL, 2024)
Not a current agency rating; see below
Remaining Tenure
7.7 Years

AAA (CRISIL): Rating on NSDL record (CRISIL, 2024), dated 21 May 2024. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
5.70 Yrs
Macaulay Duration
5.91 Yrs
Issue Size
₹4,000 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
5.70 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
—
No recorded trades
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 2.85 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 16 Jul 2026
Issuer
Instrument Type
NCD
Issue Date
14 Jun 2024
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Issued by REC Limited, REC 7.35% Jul 2034 NCD is an unsecured NCD. It pays a 7.35% p.a. coupon, semi-annually. Principal is repaid at maturity.

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.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL (NSDL record) 2024-05-21
Rating Actions History 2 — 2026-10-07
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 1 NSE 2026-07-31
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
NSDL debt master
Last Updated
16 Jul 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)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE020B08FE4
Issue Date
14 Jun 2024
Maturity Date
31 Jul 2034
Listing
—
Payment Frequency
Semi 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 7.35% Jul 2034 NCD?

REC 7.35% Jul 2034 NCD carries a coupon of 7.35%, paid semi annual, on a face value of ₹1,00,000.

When does REC 7.35% Jul 2034 NCD mature?

REC 7.35% Jul 2034 NCD matures on 31 Jul 2034, 7.7 years from today.

What is REC 7.35% Jul 2034 NCD rated?

No current rating from an agency or exchange is on file for REC 7.35% Jul 2034 NCD. NSDL's debt master records a rating of AAA by CRISIL, dated 21 May 2024, often from the time of issue, so it may be out of date.

Is REC 7.35% Jul 2034 NCD secured?

REC 7.35% Jul 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

More Bonds from This Issuer

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REC 7.52% Nov 2026 NCD
INE020B08AA3
AAA NSDL record, 2016
Coupon
7.52%
Maturity
07 Nov 2026
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REC 5.00% Nov 2026 NCD
INE020B07ML7
AAA NSDL record, 2021
Coupon
5.00%
Maturity
30 Nov 2026
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REC 7.54% Dec 2026 NCD
INE020B08AC9
AAA NSDL record, 2016
Coupon
7.54%
Maturity
30 Dec 2026
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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 2034

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 7.35%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE053F08403Indian Railway Finance Corporation LimitedAAA7.39%2034-07-15
INE134E08NC5Power Finance Corporation LimitedAAA7.30%2034-10-16
INE134E08NN2Power Finance Corporation LimitedAAA7.40%2035-01-15
INE031A08939Housing and Urban Development Corporation LimitedAAA7.29%2035-02-12
INE936D07190Jamnagar Utilities & Power Private LimitedAAA7.43%2034-10-24
INE053F08379Indian Railway Finance Corporation LimitedAAA7.44%2034-02-28

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