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National Insurance Company 8.35% Mar 2027 NCD

AA+ Unsecured NCD

National Insurance Company Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2027

Current YTM
8.40%
Market YTM
Coupon Rate
8.35%
Per annum
Maturity Date
26 Mar 2027
0.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
8.40%
Live, last traded 2026-08-11
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+269 bps
vs 0.6Y G-Sec at 5.71%
Below the median spread for similar-tenor peers
Tenure
0.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-21 2026-08-11
Cashflow Timeline
26 Mar 2027
Principal Payment
₹1,000,000.00 / Bond

Next 0 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2017-03-27 Matures 2027-03-26
Key Metrics
Coupon Rate
8.35%
YTM (Annual)
8.40%
Credit Rating
AA+
(ICRA)
Remaining Tenure
0.6 Years
Advanced metrics
Modified Duration
0.53 Yrs
Macaulay Duration
0.57 Yrs
Issue Size
₹895 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
0.53 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-11
BSE
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 1.65 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2017-03-27
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

NICL-8.95%-26-03-27-PVT is a rated, redeemable ncd issued by National Insurance Company Limited. The bond offers a fixed coupon of 8.35% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-11 99.8100 8.4000 1
2026-08-10 99.6300 8.7100 1
2026-07-21 99.3502 8.1500 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2017-03-14
Rating Actions History 0
Secondary-Market Trades 3 BSE 2026-08-11
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 2026

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Frequently Asked Questions
What is the coupon rate on National Insurance Company 8.35% Mar 2027 NCD?

National Insurance Company 8.35% Mar 2027 NCD carries a coupon of 8.35%, paid annual, on a face value of ₹1,000,000.

When does National Insurance Company 8.35% Mar 2027 NCD mature?

National Insurance Company 8.35% Mar 2027 NCD matures on 2027-03-26, 0.6 years from today.

What is National Insurance Company 8.35% Mar 2027 NCD rated?

National Insurance Company 8.35% Mar 2027 NCD is rated AA+ by ICRA. As of 2017-03-14.

Is National Insurance Company 8.35% Mar 2027 NCD secured?

National Insurance Company 8.35% Mar 2027 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does National Insurance Company 8.35% Mar 2027 NCD trade?

National Insurance Company 8.35% Mar 2027 NCD is listed on BSE.

What yield does National Insurance Company 8.35% Mar 2027 NCD currently offer?

The last recorded trade on 2026-08-11 priced National Insurance Company 8.35% Mar 2027 NCD at ₹99.81, implying a yield to maturity of 8.40%.

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