REC 7.38% Feb 2029 NCD (INE020B08GD4)
REC Limited
Unsecured, Rated, Taxable, Redeemable NCD
Browse: AAA rated bonds · bonds maturing in 2029
Market Position
Price vs Yield
Showing last 10 trades.
Cashflow Timeline
3 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates
Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.
Bond Timeline
Key Metrics
Advanced metrics
Market Characteristics
Observations
- This bond is unsecured.
- 2 secondary-market trades recorded in the last 30 days.
- Coupon is 2.82 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)
Structured Overview
Data as of 7 Nov 2026Issued by REC Limited, REC 7.38% Feb 2029 NCD is an unsecured, rated NCD. It pays a 7.38% p.a. coupon, annually. Principal is repaid at maturity.
Rating Timeline
3 ratings on fileEvery 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.
| Date | Agency | Rating | Outlook | Status | Source |
|---|---|---|---|---|---|
| 30 Jun 2026 | CRISIL | AAA | Stable | Latest | BSE listing |
| seen on 28 Jun 2026 | CRISIL | AAA | — | Superseded | NSE listing |
| 2026 | India Ratings | AAA | — | NSDL debt master |
Rating Action History
2 actionsAgency 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.
Rating Actions on REC Limited
last 12 monthsAgencies 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.
Recent Market Prices
| Trade Date | Clean Price | YTM (%) | Trades |
|---|---|---|---|
| 2026-11-05 | 98.9349 | 7.8813 | — |
| 2026-10-16 | 98.6839 | 8.0000 | — |
| 2026-09-22 | 99.4400 | 7.6300 | 1 |
| 2026-09-21 | 99.4643 | 7.6250 | 1 |
| 2026-09-16 | 99.4202 | 7.6400 | — |
| 2026-09-11 | 99.5191 | 7.5925 | — |
| 2026-09-09 | 99.7664 | 7.4800 | — |
| 2026-09-08 | 99.7556 | 7.4925 | — |
| 2026-09-03 | 99.7455 | 7.4900 | — |
| 2026-09-02 | 99.5046 | 7.6000 | — |
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 3 | CRISIL, India Ratings | 2026-06-30 |
| Rating Actions History | 2 | — | 2026-10-07 |
| Secondary-Market Trades | 10 | NSE OTC (WAP) | 2026-11-05 |
| Reg52(4) Payment Disclosures | 0 | — | — |
Documents
Entity metadata
- Source
- NSDL debt master
- 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.
What is the coupon rate on REC 7.38% Feb 2029 NCD?
REC 7.38% Feb 2029 NCD carries a coupon of 7.38%, paid annual, on a face value of ₹1,00,000.
When does REC 7.38% Feb 2029 NCD mature?
REC 7.38% Feb 2029 NCD matures on 28 Feb 2029, 2.3 years from today.
What is REC 7.38% Feb 2029 NCD rated?
REC 7.38% Feb 2029 NCD is rated AAA by CRISIL (rating dated 30 Jun 2026).
Is REC 7.38% Feb 2029 NCD secured?
REC 7.38% Feb 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.
Where does REC 7.38% Feb 2029 NCD trade?
REC 7.38% Feb 2029 NCD is listed on BSE.
What yield does REC 7.38% Feb 2029 NCD currently offer?
The last recorded trade on 5 Nov 2026 priced REC 7.38% Feb 2029 NCD at ₹98,934.90 per bond, implying a yield to maturity of 7.88%.
More Bonds from This Issuer
Comparable NCDs maturing near 2029
Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 7.38%. For comparison only, not a recommendation.
| Bond | Issuer | Rating | Coupon | Maturity |
|---|---|---|---|---|
| INE296A07TJ4 | Bajaj Finance Limited | AA | 7.38% | 2028-06-26 |
| INE891K07AG7 | Axis Finance Limited | AAA | 7.37% | 2028-08-23 |
| INE053F08411 | Indian Railway Finance Corporation Limited | AAA | 7.37% | 2029-07-31 |
| INE121A07SP3 | Cholamandalam Investment and Finance Company Limited | AA+ | 7.36% | 2028-12-02 |
| INE296A07TV9 | Bajaj Finance Limited | AAA | 7.40% | 2029-03-12 |
| INE756I07FG5 | HDB Financial Services Limited | AAA | 7.41% | 2028-06-05 |