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National Highways Infra Trust 7.90% Oct 2047 NCD

AA Secured NCD

National Highways Infra Trust

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2047

Current YTM
7.54%
Market YTM
Coupon Rate
7.90%
Per annum
Maturity Date
25 Oct 2047
21.2 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹400
Per Bond
Market Position
YTM (Annual)
7.54%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+58 bps
vs 21.2Y G-Sec at 6.96%
Below the median spread for similar-tenor peers
Tenure
21.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-14 2026-08-27
Cashflow Timeline
25 Oct 2026
Interest Payment
₹15.80 / Bond
25 Apr 2027
Interest Payment
₹15.80 / Bond
25 Oct 2027
Interest Payment
₹15.80 / Bond
25 Apr 2028
Interest Payment
₹15.80 / Bond
25 Oct 2028
Interest Payment
₹15.80 / Bond
25 Apr 2029
Interest Payment
₹15.80 / Bond
25 Oct 2029
Interest Payment
₹15.80 / Bond
25 Apr 2030
Interest Payment
₹15.80 / Bond
25 Oct 2047
Principal Payment
₹400.00 / Bond

Next 8 coupons + principal at maturity · per ₹400 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2022-10-25 Matures 2047-10-25
Key Metrics
Coupon Rate
7.90%
YTM (Annual)
7.54%
Credit Rating
AA
(CARE)
Remaining Tenure
21.2 Years
Advanced metrics
Modified Duration
10.14 Yrs
Macaulay Duration
10.52 Yrs
Issue Size
₹600 Cr
Minimum Investment
₹400
(1 Bond)
Market Characteristics
Modified Duration
10.14 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-27
NSE CM
Trades (30 Days)
22
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 22 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

Issued by National Highways Infra Trust, 7.90% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I- STRPP C. LETTER OF ALLOTMENT. DATE OF MATURITY 25/10/2047 is a secured, rated, ncd paying a 7.90% p.a. coupon semi annual. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 103.8000 7.5364 1
2026-08-26 104.7250 7.4514 None
2026-08-25 103.7500 7.5411 None
2026-08-24 104.1375 7.5053 None
2026-08-21 104.5000 7.4720 2
2026-08-20 104.1500 7.5042 None
2026-08-19 107.2500 7.2249 1
2026-08-18 104.0875 7.5099 1
2026-08-17 104.1100 7.5079 None
2026-08-14 104.0000 7.5181 None
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 2047 NCD?

National Highways Infra Trust 7.90% Oct 2047 NCD carries a coupon of 7.90%, paid semi annual, on a face value of ₹400.

When does National Highways Infra Trust 7.90% Oct 2047 NCD mature?

National Highways Infra Trust 7.90% Oct 2047 NCD matures on 2047-10-25, 21.2 years from today.

What is National Highways Infra Trust 7.90% Oct 2047 NCD rated?

National Highways Infra Trust 7.90% Oct 2047 NCD is rated AA by CARE and AAA by INDIA_RATINGS. As of 2026-06-28.

Is National Highways Infra Trust 7.90% Oct 2047 NCD secured?

National Highways Infra Trust 7.90% Oct 2047 NCD is a secured bond.

What yield does National Highways Infra Trust 7.90% Oct 2047 NCD currently offer?

The last recorded trade on 2026-08-27 priced National Highways Infra Trust 7.90% Oct 2047 NCD at ₹103.80, implying a yield to maturity of 7.54%.

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