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National Bank for Financing… 7.74% May 2036 NCD

AAA Unsecured NCD

National Bank for Financing Infrastructure and Development

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2036

Current YTM
7.52%
Market YTM
Coupon Rate
7.74%
Per annum
Maturity Date
14 May 2036
9.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.52%
Live, last traded 2026-08-03
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+78 bps
vs 9.7Y G-Sec at 6.74%
Below the median spread for similar-tenor peers
Tenure
9.7 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-29 2026-08-03
Cashflow Timeline
14 May 2027
Interest Payment
₹7,740.00 / Bond
14 May 2028
Interest Payment
₹7,740.00 / Bond
14 May 2029
Interest Payment
₹7,740.00 / Bond
14 May 2030
Interest Payment
₹7,740.00 / Bond
14 May 2031
Interest Payment
₹7,740.00 / Bond
14 May 2032
Interest Payment
₹7,740.00 / Bond
14 May 2033
Interest Payment
₹7,740.00 / Bond
14 May 2034
Interest Payment
₹7,740.00 / Bond
14 May 2036
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 2026-05-14 Matures 2036-05-14

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

Key Metrics
Coupon Rate
7.74%
YTM (Annual)
7.52%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
9.7 Years
Advanced metrics
Modified Duration
6.55 Yrs
Macaulay Duration
7.05 Yrs
Issue Size
₹4,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
6.55 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-03
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.26 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
2026-05-14
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

National Bank for Financing Infrastructure and Development issued this rated, ncd (7.74% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES SERIES NABFID2027-1 DATE OF MATURITY 14/05/2036) carrying a 7.74% 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
2026-08-03 101.4111 7.5167 None
2026-07-31 101.4964 7.5050 None
2026-07-10 101.8550 7.4572 None
2026-07-02 101.4000 7.5200 None
2026-07-01 101.5000 7.5100 None
2026-06-30 100.6830 7.6300 None
2026-06-29 101.4208 7.5200 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2026-06-28
Rating Actions History 1 2026-06-16
Secondary-Market Trades 7 NSE OTC (WAP) 2026-08-03
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… 7.74% May 2036 NCD?

National Bank for Financing… 7.74% May 2036 NCD carries a coupon of 7.74%, paid annual, on a face value of ₹100,000.

When does National Bank for Financing… 7.74% May 2036 NCD mature?

National Bank for Financing… 7.74% May 2036 NCD matures on 2036-05-14, 9.7 years from today.

What is National Bank for Financing… 7.74% May 2036 NCD rated?

National Bank for Financing… 7.74% May 2036 NCD is rated AAA by CRISIL and AAA by ICRA. As of 2026-06-28.

Is National Bank for Financing… 7.74% May 2036 NCD secured?

National Bank for Financing… 7.74% May 2036 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does National Bank for Financing… 7.74% May 2036 NCD currently offer?

The last recorded trade on 2026-08-03 priced National Bank for Financing… 7.74% May 2036 NCD at ₹101.41, implying a yield to maturity of 7.52%.

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