REC 7.09% 2031
REC Limited
ISIN: INE020B08BF2 · BSE
CRISIL/CARE
Coupon Rate
7.09%
Annual
Yield (YTM)
7.28%
Yield to Maturity
Current Price
₹991.8
Face ₹1,000
Maturity Date
31 Mar 2031
3-5 yrs
Updated: 13 Jul 2026 05:00 IST
TopFund Analysis
At 7.28% yield to maturity, this bond is roughly in line with the 11 other PSU bonds in the 3-5 yrs maturity bracket, which average 7.36%. AAA is the highest domestic credit rating a corporate/PSU bond can carry, indicating the lowest relative default risk in that category for REC Limited — though "lowest relative risk" isn't "zero risk," especially over its remaining 4.5 years. On a face value of ₹1000, the 7.09% coupon works out to roughly ₹70.9 a year, paid annually — before any tax on that income.
Annual Income Estimator
Annual Interest Income
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Post-Tax (30% slab)
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* Based on coupon rate of 7.09%. Actual returns may vary based on purchase price.
Bond Details
ISIN
INE020B08BF2
Issuer
REC Limited
Bond Type
PSU
Face Value
₹1,000
Issue Date
31 Mar 2021
Maturity Date
31 Mar 2031
Coupon Rate
7.09% p.a.
Payment Frequency
Annual
Exchange
BSE
Min Investment
₹10,000
Credit Rating
AAA (CRISIL/CARE)
Tax Status
Taxable
Secured
Yes
Status
Active
About this Bond
REC 7.09% 2031 is a PSU bond issued by REC Limited. It carries a coupon rate of 7.09% per annum, paid annually, matures on 31 March 2031. It carries an AAA credit rating from CRISIL/CARE. This is a secured bond, and the interest is taxable.
More PSU Bonds
Frequently Asked Questions about REC 7.09% 2031
REC 7.09% 2031 has a yield to maturity (YTM) of 7.28%, with a coupon rate of 7.09% p.a., maturing March 2031.
REC 7.09% 2031 is rated AAA by CRISIL/CARE, issued by REC Limited.
The minimum investment for REC 7.09% 2031 is ₹10,000. Interest earned is taxable at your income slab rate.
REC 7.09% 2031 pays interest annual, at a coupon rate of 7.09% per annum on the face value of ₹1,000.
REC 7.09% 2031 is a secured bond rated AAA by CRISIL/CARE, the highest safety rating. Secured bonds are backed by specific collateral, reducing default risk relative to unsecured debt. Credit ratings can change over the bond's tenure — always check the latest rating before investing.
Bond data is for informational purposes only. Prices and yields are indicative. TopFund is not SEBI-registered. Consult a registered advisor before investing.
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