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REC ZC Nov 2034 NCD (INE020B08FJ3)

CRISIL AAA Unsecured NCD

REC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2034

193 more bonds from REC Limited →
Current YTM
7.25%
Market YTM
Coupon Rate
—
Not disclosed
Maturity Date
03 Nov 2034
8.0 Yrs to Maturity
Interest Payment
At Maturity
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
7.25%
Last traded 6 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
-9 bps
vs 8.0Y G-Sec at 7.34%
Below the median spread for similar-tenor peers
Tenure
8.0 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
7 Oct 20266 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

Single payment at maturity

Zero-coupon bond — due on 3 Nov 2034.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 3 Oct 2024 Matures 3 Nov 2034

Key Metrics

Coupon Rate
—
YTM (Annual)
7.25%
Credit Rating
AAA
(CRISIL) · rated 31 Oct 2024, 2 years ago
Over 15 months old; see below
Remaining Tenure
8.0 Years

AAA (CRISIL): Rated 31 Oct 2024 (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
—
Macaulay Duration
—
Issue Size
₹5,000 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
At Maturity
Last Trade
6 Nov 2026
BSE
Trades (30 Days)
9
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • 9 secondary-market trades recorded in the last 30 days.

Structured Overview

Data as of 7 Nov 2026
Issuer
Instrument Type
NCD
Issue Date
3 Oct 2024
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

REC Limited issued REC ZC Nov 2034 NCD, an unsecured, rated NCD. It is a zero-coupon bond: it pays no interest before maturity. 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
31 Oct 2024 CRISIL AAA — Latest BSE listing
2024 India Ratings AAA — NSDL record, 2024 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 INE020B08FJ3: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-06 57.1200 7.2500 1
2026-11-05 58.0900 7.0355 1
2026-11-04 57.1000 7.2500 1
2026-11-03 56.7400 7.3400 3
2026-11-02 58.4035 6.9553 —
2026-10-29 56.6357 7.3500 —
2026-10-14 56.9267 7.2400 —
2026-10-13 56.5147 7.3374 1
2026-10-08 57.0700 7.1900 4
2026-10-07 56.9256 7.2250 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, India Ratings 2024-10-31
Rating Actions History 2 — 2026-10-07
Secondary-Market Trades 10 BSE 2026-11-06
Reg52(4) Payment Disclosures 0 — —

Documents

Entity metadata
Source
BSE
Last Updated
7 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)
₹57,120.00
YTM7.25%
Trade Date 6 Nov 2026 2d ago
SourceBSE
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE020B08FJ3
Issue Date
3 Oct 2024
Maturity Date
3 Nov 2034
Listing
BSE
Payment Frequency
At Maturity
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
When does REC ZC Nov 2034 NCD mature?

REC ZC Nov 2034 NCD matures on 3 Nov 2034, 8.0 years from today.

What is REC ZC Nov 2034 NCD rated?

REC ZC Nov 2034 NCD is rated AAA by CRISIL (rating dated 31 Oct 2024).

Is REC ZC Nov 2034 NCD secured?

REC ZC Nov 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does REC ZC Nov 2034 NCD trade?

REC ZC Nov 2034 NCD is listed on BSE.

What yield does REC ZC Nov 2034 NCD currently offer?

The last recorded trade on 6 Nov 2026 priced REC ZC Nov 2034 NCD at ₹57,120.00 per bond, implying a yield to maturity of 7.25%.

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