N

National Bank for Financing… 7.65% Dec 2038 NCD

AAA Unsecured NCD

National Bank for Financing Infrastructure and Development

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2038

Current YTM
No live YTM available
Coupon Rate
7.65%
Per annum
Maturity Date
22 Dec 2038
12.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~7.65%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+101 bps
vs 12.3Y G-Sec at 6.64% *
Below the median spread for similar-tenor peers
Tenure
12.3 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
22 Dec 2026
Interest Payment
₹7,650.00 / Bond
22 Dec 2027
Interest Payment
₹7,650.00 / Bond
22 Dec 2028
Interest Payment
₹7,650.00 / Bond
22 Dec 2029
Interest Payment
₹7,650.00 / Bond
22 Dec 2030
Interest Payment
₹7,650.00 / Bond
22 Dec 2031
Interest Payment
₹7,650.00 / Bond
22 Dec 2032
Interest Payment
₹7,650.00 / Bond
22 Dec 2033
Interest Payment
₹7,650.00 / Bond
22 Dec 2038
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-06-16 Issued 2023-12-22 Matures 2038-12-22

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.65%
YTM (Annual)
Credit Rating
AAA
(CRISIL)
Remaining Tenure
12.3 Years
Advanced metrics
Modified Duration
7.42 Yrs
Macaulay Duration
7.99 Yrs
Issue Size
₹9,516 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
7.42 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.35 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
2023-12-22
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Puttable

7.65% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES NABFIDGID2023-1 DATE OF MATURITY 22/12/2038. is a rated, redeemable ncd issued by National Bank for Financing Infrastructure and Development. The bond offers a fixed coupon of 7.65% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-16 CRISIL Initial AAA Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2026-06-28
Rating Actions History 1 2026-06-16
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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 Bank for Financing… 7.65% Dec 2038 NCD?

National Bank for Financing… 7.65% Dec 2038 NCD carries a coupon of 7.65%, paid annual, on a face value of ₹100,000.

When does National Bank for Financing… 7.65% Dec 2038 NCD mature?

National Bank for Financing… 7.65% Dec 2038 NCD matures on 2038-12-22, 12.3 years from today.

What is National Bank for Financing… 7.65% Dec 2038 NCD rated?

National Bank for Financing… 7.65% Dec 2038 NCD is rated AAA by CRISIL and AAA by ICRA. As of 2026-06-28.

Is National Bank for Financing… 7.65% Dec 2038 NCD secured?

National Bank for Financing… 7.65% Dec 2038 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can National Bank for Financing… 7.65% Dec 2038 NCD be called or put back early?

National Bank for Financing… 7.65% Dec 2038 NCD is puttable -- holders may require the issuer to repurchase it on scheduled put dates.

More Bonds from This Issuer
7
National Bank for Financin… 7.37% Jul 2029 NCD
AAA
Coupon
7.37%
Maturity
16 Jul 2029
7
National Bank for Financin… 7.03% Apr 2030 NCD
AAA
Coupon
7.03%
Maturity
08 Apr 2030
6
National Bank for Financin… 6.67% May 2030 NCD
AAA
Coupon
6.67%
Maturity
30 May 2030
6
National Bank for Financin… 6.86% Nov 2030 NCD
AAA
Coupon
6.86%
Maturity
13 Nov 2030
Compare (/) Compare Bonds

← Back to screener