R
AAA / Stable Unsecured NCD

REC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2030

Current YTM
7.28%
Market YTM
Coupon Rate
6.87%
Per annum
Maturity Date
31 May 2030
3.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.28%
Live, last traded 2026-08-17
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+103 bps
vs 3.8Y G-Sec at 6.25%
Below the median spread for similar-tenor peers
Tenure
3.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-06 2026-08-17
Cashflow Timeline
30 Apr 2027
Interest Payment
₹6,870.00 / Bond
30 Apr 2028
Interest Payment
₹6,870.00 / Bond
30 Apr 2029
Interest Payment
₹6,870.00 / Bond
30 Apr 2030
Interest Payment
₹6,870.00 / Bond
31 May 2030
Principal Payment
₹100,000.00 / Bond

Next 4 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 2025-04-30 Matures 2030-05-31

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

Key Metrics
Coupon Rate
6.87%
YTM (Annual)
7.28%
Credit Rating
AAA
(ICRA)
Remaining Tenure
3.8 Years
Advanced metrics
Modified Duration
3.15 Yrs
Macaulay Duration
3.38 Yrs
Issue Size
₹3,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
3.15 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-17
NSE OTC (WAP)
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 3.13 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
2025-04-30
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by REC Limited, REC-6.87%-31-5-30-PVT is a rated, ncd paying a 6.87% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-06 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-17 98.6260 7.2800 None
2026-08-06 98.7180 7.2500 None
2026-08-05 98.6213 7.2800 None
2026-07-24 98.3918 7.3500 None
2026-07-17 98.5501 7.3000 None
2026-07-10 98.8734 7.2000 None
2026-07-06 99.2669 7.0800 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, ICRA 2025-05-31
Rating Actions History 1 2026-07-06
Secondary-Market Trades 7 NSE OTC (WAP) 2026-08-17
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 6.87% May 2030 NCD?

REC 6.87% May 2030 NCD carries a coupon of 6.87%, paid annual, on a face value of ₹100,000.

When does REC 6.87% May 2030 NCD mature?

REC 6.87% May 2030 NCD matures on 2030-05-31, 3.8 years from today.

What is REC 6.87% May 2030 NCD rated?

REC 6.87% May 2030 NCD is rated AAA by ICRA and AAA by CARE. As of 2025-05-31.

Is REC 6.87% May 2030 NCD secured?

REC 6.87% May 2030 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does REC 6.87% May 2030 NCD trade?

REC 6.87% May 2030 NCD is listed on BSE.

What yield does REC 6.87% May 2030 NCD currently offer?

The last recorded trade on 2026-08-17 priced REC 6.87% May 2030 NCD at ₹98.63, implying a yield to maturity of 7.28%.

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