7.67% UNSECURED RATED LISTED REEDEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES SERIES 260 (B) DATE OF MATURITY 30/09/2031
INE020B08GL7 WatchlistActive
Essentials
Coupon Rate
7.67%
Rating
AAA
Interest Frequency
Once a year-
Maturity
5 years30 September 2031
Face Value
₹1,00,000
Coupon Type
Simple
Issue Details
Issue Size
₹3000 Cr
Risk Profile
What is my risk?
Each bond is regularly evaluated by multiple reputed rating agencies.
Credit Rating Analysis
Current Rating
AAA
Active
Rating Agency
CARE RATINGS LIMITED
Evaluation Date
10-09-2026
Verified
Terminal-Grade Data Institutional Source
Common Questions
REC LIMITED INE020B08GL7 — FAQs
What is the current yield on REC LIMITED (INE020B08GL7)?+−
The latest traded yield (LTY) on REC LIMITED (INE020B08GL7) is 7.67%. Over the past week it has averaged 7.67%. The four-week average is 7.67%. The most recent recorded trade was on 18 Sep 2026.
What is the coupon rate of REC LIMITED NCD INE020B08GL7?+−
This NCD carries a coupon of 7.67% on a face value of ₹1,00,000, paid once a year (-).
When does REC LIMITED (INE020B08GL7) mature?+−
REC LIMITED (INE020B08GL7) is scheduled to redeem on 30 Sep 2031, which is 5 years away. It also carries a put/call option: Put: 30 September 2028, being the date 2 years and 14 days from the Deemed Date of Allotment;9 September 2028;5.00 p.m;Put Exercise Period any time during the period of 21 calendar days prior to 7 September 2028 and ending on 9 September 2028 before 5 p.m Call:.
What is the credit rating of REC LIMITED (INE020B08GL7)?
Issue Price
₹1,00,000
Security Class
Debentures
Listing
Listed
Mode
Private Placement
Registrar
KFIN TECHNOLOGIES LIMITED
Ownership
Non PSU
Date of Allotment
16 Sept 2026
Yield Intensity
Last 50 trades
Current LTY
7.67%
Min7.66%
Median7.66%
Max7.67%
Return Calculator
Estimate your coupon income — adjust the amount below
You invest
₹5,00,000
5 bonds × ₹1,00,000 face value
bonds
5 years left
Defaults to maturity (Sept 2031). Pick an earlier date to model an exit.
Coupon 7.67%Yield (LTY) 7.67%
You could earn about ₹38,350 per year in interest.
Annual interest income₹38,350
Total interest (5 years)₹1,92,564
Value at maturity
₹6,92,564
Principal returned + interest earned
Simple-interest estimate assuming coupons are paid out (not reinvested) and principal is redeemed at face value on maturity. Actual returns depend on your purchase price, accrued interest, reinvestment and taxes. Not investment advice.
Structure & Protection
Repayment Priority
Higher level indicates higher priority of investment repayment.
Senior Secured
Collateral Security
Assets pledged to protect capital in extreme default events.
Secured Asset
Guarantee Type
Third-party guarantee if the primary issuer defaults.
Guaranteed
+
−
This bond is rated AAA by CARE RATINGS LIMITED, the highest safety grade on the Indian scale, implying the lowest expected default risk.
What is the face value and latest traded price of INE020B08GL7?+−
Each unit has a face value of ₹1,00,000, and the latest traded price is ₹99.96. The total issue size is ₹3000 Cr.
How is interest on this NCD taxed in India?+−
Interest received on a listed NCD is added to your income and taxed at your slab rate. Gains from selling a listed NCD on the exchange before maturity are taxed as capital gains — short-term at your slab rate if held 12 months or less, and at 12.5% without indexation if held longer. Read the full tax guide