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National Highways Infra Trust 7.90% Oct 2035 NCD

AA Secured NCD

National Highways Infra Trust

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2035

Current YTM
7.37%
Market YTM
Coupon Rate
7.90%
Per annum
Maturity Date
25 Oct 2035
9.2 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹300
Per Bond
Market Position
YTM (Annual)
7.37%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+112 bps
vs 9.2Y G-Sec at 6.25%
Below the median spread for similar-tenor peers
Tenure
9.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-13 2026-08-27
Cashflow Timeline
25 Oct 2026
Interest Payment
₹11.85 / Bond
25 Apr 2027
Interest Payment
₹11.85 / Bond
25 Oct 2027
Interest Payment
₹11.85 / Bond
25 Apr 2028
Interest Payment
₹11.85 / Bond
25 Oct 2028
Interest Payment
₹11.85 / Bond
25 Apr 2029
Interest Payment
₹11.85 / Bond
25 Oct 2029
Interest Payment
₹11.85 / Bond
25 Apr 2030
Interest Payment
₹11.85 / Bond
25 Oct 2035
Principal Payment
₹300.00 / Bond

Next 8 coupons + principal at maturity · per ₹300 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2022-10-25 Matures 2035-10-25
Key Metrics
Coupon Rate
7.90%
YTM (Annual)
7.37%
Credit Rating
AA
(CARE)
Remaining Tenure
9.2 Years
Advanced metrics
Modified Duration
6.33 Yrs
Macaulay Duration
6.56 Yrs
Issue Size
₹450 Cr
Minimum Investment
₹300
(1 Bond)
Market Characteristics
Modified Duration
6.33 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-27
NSE CM
Trades (30 Days)
20
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 20 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.10 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2022-10-25
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.90% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I- STRPP A. LETTER OF ALLOTMENT. DATE OF MATURITY 25/10/2035 is a secured, rated, redeemable ncd issued by National Highways Infra Trust. The bond offers a fixed coupon of 7.90% p.a. with semi annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 103.5000 7.3656 6
2026-08-25 104.1667 7.2671 None
2026-08-24 103.1667 7.4154 None
2026-08-21 103.3967 7.3815 2
2026-08-20 103.4667 7.3712 1
2026-08-19 103.4000 7.3811 7
2026-08-18 103.0033 7.4403 None
2026-08-17 103.1000 7.4260 8
2026-08-14 103.3333 7.3915 6
2026-08-13 104.3300 7.2445 7
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, INDIA_RATINGS 2026-06-28
Rating Actions History 0
Secondary-Market Trades 10 NSE CM 2026-08-27
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 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 National Highways Infra Trust 7.90% Oct 2035 NCD?

National Highways Infra Trust 7.90% Oct 2035 NCD carries a coupon of 7.90%, paid semi annual, on a face value of ₹300.

When does National Highways Infra Trust 7.90% Oct 2035 NCD mature?

National Highways Infra Trust 7.90% Oct 2035 NCD matures on 2035-10-25, 9.2 years from today.

What is National Highways Infra Trust 7.90% Oct 2035 NCD rated?

National Highways Infra Trust 7.90% Oct 2035 NCD is rated AA by CARE and AAA by INDIA_RATINGS. As of 2026-06-28.

Is National Highways Infra Trust 7.90% Oct 2035 NCD secured?

National Highways Infra Trust 7.90% Oct 2035 NCD is a secured bond.

What yield does National Highways Infra Trust 7.90% Oct 2035 NCD currently offer?

The last recorded trade on 2026-08-27 priced National Highways Infra Trust 7.90% Oct 2035 NCD at ₹103.50, implying a yield to maturity of 7.37%.

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National Highways Infra Tr… 7.90% Oct 2040 NCD
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