R
AAA / Stable Unsecured NCD

REC Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
7.27%
Market YTM
Coupon Rate
7.19%
Per annum
Maturity Date
15 Mar 2031
4.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.27%
Live, last traded 2026-08-06
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+59 bps
vs 4.5Y G-Sec at 6.68%
Below the median spread for similar-tenor peers
Tenure
4.5 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
13 Mar 2027
Interest Payment
₹7,190.00 / Bond
13 Mar 2028
Interest Payment
₹7,190.00 / Bond
13 Mar 2029
Interest Payment
₹7,190.00 / Bond
13 Mar 2030
Interest Payment
₹7,190.00 / Bond
13 Mar 2031
Interest Payment
₹7,190.00 / Bond
15 Mar 2031
Principal Payment
₹100,000.00 / Bond

Next 5 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 2026-03-13 Matures 2031-03-15

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

Key Metrics
Coupon Rate
7.19%
YTM (Annual)
7.27%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.5 Years
Advanced metrics
Modified Duration
3.65 Yrs
Macaulay Duration
3.92 Yrs
Issue Size
₹3,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
3.65 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-06
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.81 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 6 Aug 2026
Issuer
Instrument Type
NCD
Issue Date
2026-03-13
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

REC Limited issued this rated, ncd (RECL-7.19%-15-03-31-PVT) carrying a 7.19% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-06 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-06 99.6200 7.2701 None
2026-07-17 99.4409 7.3158 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2026-03-31
Rating Actions History 1 2026-07-06
Secondary-Market Trades 2 NSE OTC (WAP) 2026-08-06
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
6 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 7.19% Mar 2031 NCD?

REC 7.19% Mar 2031 NCD carries a coupon of 7.19%, paid annual, on a face value of ₹100,000.

When does REC 7.19% Mar 2031 NCD mature?

REC 7.19% Mar 2031 NCD matures on 2031-03-15, 4.5 years from today.

What is REC 7.19% Mar 2031 NCD rated?

REC 7.19% Mar 2031 NCD is rated AAA by CRISIL. As of 2026-03-31.

Is REC 7.19% Mar 2031 NCD secured?

REC 7.19% Mar 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does REC 7.19% Mar 2031 NCD trade?

REC 7.19% Mar 2031 NCD is listed on BSE.

What yield does REC 7.19% Mar 2031 NCD currently offer?

The last recorded trade on 2026-08-06 priced REC 7.19% Mar 2031 NCD at ₹99.62, implying a yield to maturity of 7.27%.

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Maturity
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