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National Bank for Financing… 7.25% Feb 2040 NCD

AAA Unsecured NCD

National Bank for Financing Infrastructure and Development

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2040

Current YTM
7.45%
Market YTM
Coupon Rate
7.25%
Per annum
Maturity Date
03 Feb 2040
13.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.45%
Live, last traded 2026-07-29
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+54 bps
vs 13.4Y G-Sec at 6.91%
Below the median spread for similar-tenor peers
Tenure
13.4 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
5 Feb 2027
Interest Payment
₹7,250.00 / Bond
5 Feb 2028
Interest Payment
₹7,250.00 / Bond
5 Feb 2029
Interest Payment
₹7,250.00 / Bond
5 Feb 2030
Interest Payment
₹7,250.00 / Bond
5 Feb 2031
Interest Payment
₹7,250.00 / Bond
5 Feb 2032
Interest Payment
₹7,250.00 / Bond
5 Feb 2033
Interest Payment
₹7,250.00 / Bond
5 Feb 2034
Interest Payment
₹7,250.00 / Bond
3 Feb 2040
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 2025-02-05 Matures 2040-02-03

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

Key Metrics
Coupon Rate
7.25%
YTM (Annual)
7.45%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
13.4 Years
Advanced metrics
Modified Duration
8.03 Yrs
Macaulay Duration
8.62 Yrs
Issue Size
₹5,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
8.03 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-29
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.75 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
2025-02-05
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Puttable

National Bank for Financing Infrastructure and Development issued this rated, ncd (7.25% UNSECURED RATED LISTED NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURE SERIES NABFID 2025-3 DATE OF MATURITY 03/02/2040) carrying a 7.25% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-16 CRISIL Initial AAA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-29 98.1900 7.4545 None
2026-07-28 98.1033 7.4650 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2026-06-28
Rating Actions History 1 2026-06-16
Secondary-Market Trades 2 NSE OTC (WAP) 2026-07-29
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 Bank for Financing… 7.25% Feb 2040 NCD?

National Bank for Financing… 7.25% Feb 2040 NCD carries a coupon of 7.25%, paid annual, on a face value of ₹100,000.

When does National Bank for Financing… 7.25% Feb 2040 NCD mature?

National Bank for Financing… 7.25% Feb 2040 NCD matures on 2040-02-03, 13.4 years from today.

What is National Bank for Financing… 7.25% Feb 2040 NCD rated?

National Bank for Financing… 7.25% Feb 2040 NCD is rated AAA by CRISIL and AAA by ICRA. As of 2026-06-28.

Is National Bank for Financing… 7.25% Feb 2040 NCD secured?

National Bank for Financing… 7.25% Feb 2040 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can National Bank for Financing… 7.25% Feb 2040 NCD be called or put back early?

National Bank for Financing… 7.25% Feb 2040 NCD is puttable -- holders may require the issuer to repurchase it on scheduled put dates.

What yield does National Bank for Financing… 7.25% Feb 2040 NCD currently offer?

The last recorded trade on 2026-07-29 priced National Bank for Financing… 7.25% Feb 2040 NCD at ₹98.19, implying a yield to maturity of 7.45%.

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