R
AAA Unsecured NCD

REC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2036

Current YTM
6.80%
Market YTM
Coupon Rate
6.81%
Per annum
Maturity Date
30 Apr 2036
9.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
6.80%
Live, last traded 2026-06-29
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+5 bps
vs 9.7Y G-Sec at 6.75%
Below the median spread for similar-tenor peers
Tenure
9.7 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.
Cashflow Timeline
23 May 2027
Interest Payment
₹6,810.00 / Bond
23 May 2028
Interest Payment
₹6,810.00 / Bond
23 May 2029
Interest Payment
₹6,810.00 / Bond
23 May 2030
Interest Payment
₹6,810.00 / Bond
23 May 2031
Interest Payment
₹6,810.00 / Bond
23 May 2032
Interest Payment
₹6,810.00 / Bond
23 May 2033
Interest Payment
₹6,810.00 / Bond
23 May 2034
Interest Payment
₹6,810.00 / Bond
30 Apr 2036
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 2025-05-23 Matures 2036-04-30

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

Key Metrics
Coupon Rate
6.81%
YTM (Annual)
6.80%
Credit Rating
AAA
(ICRA)
Remaining Tenure
9.7 Years
Advanced metrics
Modified Duration
6.78 Yrs
Macaulay Duration
7.24 Yrs
Issue Size
₹2,635 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
6.78 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-06-29
NSE OTC (WAP)
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 3.19 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
2025-05-23
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by REC Limited, RL-6.81%-30-4-36-PVT is a rated, ncd paying a 6.81% 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
2026-06-29 100.0000 6.7998 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, ICRA 2026-06-28
Rating Actions History 1 2026-07-06
Secondary-Market Trades 1 NSE OTC (WAP) 2026-06-29
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 6.81% Apr 2036 NCD?

REC 6.81% Apr 2036 NCD carries a coupon of 6.81%, paid annual, on a face value of ₹100,000.

When does REC 6.81% Apr 2036 NCD mature?

REC 6.81% Apr 2036 NCD matures on 2036-04-30, 9.7 years from today.

What is REC 6.81% Apr 2036 NCD rated?

REC 6.81% Apr 2036 NCD is rated AAA by ICRA and AAA by CARE. As of 2026-06-28.

Is REC 6.81% Apr 2036 NCD secured?

REC 6.81% Apr 2036 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does REC 6.81% Apr 2036 NCD trade?

REC 6.81% Apr 2036 NCD is listed on BSE.

What yield does REC 6.81% Apr 2036 NCD currently offer?

The last recorded trade on 2026-06-29 priced REC 6.81% Apr 2036 NCD at ₹100.00, implying a yield to maturity of 6.80%.

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