R
AAA Unsecured NCD

REC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2039

Current YTM
No live YTM available
Coupon Rate
7.09%
Per annum
Maturity Date
30 Nov 2039
13.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~7.09%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+37 bps
vs 13.3Y G-Sec at 6.72% *
Below the median spread for similar-tenor peers
Tenure
13.3 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.
Cashflow Timeline
8 Nov 2026
Interest Payment
₹7,090.00 / Bond
8 Nov 2027
Interest Payment
₹7,090.00 / Bond
8 Nov 2028
Interest Payment
₹7,090.00 / Bond
8 Nov 2029
Interest Payment
₹7,090.00 / Bond
8 Nov 2030
Interest Payment
₹7,090.00 / Bond
8 Nov 2031
Interest Payment
₹7,090.00 / Bond
8 Nov 2032
Interest Payment
₹7,090.00 / Bond
8 Nov 2033
Interest Payment
₹7,090.00 / Bond
30 Nov 2039
Principal Payment
₹100,000.00 / Bond

Next 8 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 2024-11-08 Matures 2039-11-30

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

Key Metrics
Coupon Rate
7.09%
YTM (Annual)
Credit Rating
AAA
(CRISIL)
Remaining Tenure
13.3 Years
Advanced metrics
Modified Duration
8.00 Yrs
Macaulay Duration
8.57 Yrs
Issue Size
₹3,575 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
8.00 Yrs
Price sensitivity per 1% yield move
Payment Frequency
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 2.91 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Issuer
Instrument Type
NCD
Issue Date
2024-11-08
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by REC Limited, RL-7.09%-30-11-39-PVT is a rated, ncd paying a 7.09% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-06 CRISIL Other View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2024-11-30
Rating Actions History 1 2026-07-06
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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 7.09% Nov 2039 NCD?

REC 7.09% Nov 2039 NCD carries a coupon of 7.09%, paid annual, on a face value of ₹100,000.

When does REC 7.09% Nov 2039 NCD mature?

REC 7.09% Nov 2039 NCD matures on 2039-11-30, 13.3 years from today.

What is REC 7.09% Nov 2039 NCD rated?

REC 7.09% Nov 2039 NCD is rated AAA by CRISIL. As of 2024-11-30.

Is REC 7.09% Nov 2039 NCD secured?

REC 7.09% Nov 2039 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does REC 7.09% Nov 2039 NCD trade?

REC 7.09% Nov 2039 NCD is listed on BSE.

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