NIIF Infrastructure Finance 8.04% May 2032 NCD (INE246R07616)

ICRA AAA · NSDL record, 2022 Secured NCD

NIIF Infrastructure Finance Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2032

56 more bonds from NIIF Infrastructure Finance Limited →

Current YTM

8.64%

Market YTM

Coupon Rate

8.04%

Per annum

Maturity Date

27 May 2032

5.5 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹10,00,000

Per Bond

Market Position

YTM (Annual)

8.64%

Last traded 22 Oct 2026 (end of day)

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Spread over G-Sec

+141 bps

vs 5.5Y G-Sec at 7.23%

Above the median spread for similar-tenor peers

Tenure

5.5 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.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

Payment schedule not projected

The issuer's filed interest dates do not follow the maturity-date anniversaries our projection assumes, so projected dates and accrued interest would be wrong.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today

Key Metrics

Coupon Rate

8.04%

YTM (Annual)

8.64%

Credit Rating

AAA

Rating on NSDL record (ICRA, 2022)

Not a current agency rating; see below

Remaining Tenure

5.5 Years

AAA (ICRA): Rating on NSDL record (ICRA, 2022), dated 6 Jul 2022. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics

Modified Duration

—

Macaulay Duration

—

Issue Size

₹241 Cr

Face Value

₹10,00,000

Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration

—

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

22 Oct 2026

NSE OTC (WAP)

Trades (30 Days)

Exchange-reported sessions

Security Status

Secured

No call option

Observations

This bond is secured.
1 secondary-market trade recorded in the last 30 days.
Coupon is 2.16 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 16 Jul 2026

Issuer

NIIF Infrastructure Finance Limited

Instrument Type

NCD

Issue Date

14 Jul 2022

Day Count Convention

ACT/ACT

Listed Exchange

—

Call / Put Option

None disclosed

Issued by NIIF Infrastructure Finance Limited, NIIF Infrastructure Finance 8.04% May 2032 NCD is a secured NCD. It pays an 8.04% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

2 actions

Agency actions on NIIF Infrastructure Finance Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

Date	Agency	Action	Rating	Outlook	Rationale
2026-08-06	CRISIL	Reaffirm	AAA	Stable	View →
2026-07-14	CRISIL	Update	—	—	View →

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on NIIF Infrastructure Finance Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

Date	Agency	Action	Rating	Rationale
2026-08-06	CRISIL	Reaffirm	AAA / Stable	View →
2026-07-14	CRISIL	Update	—	View →

Alert me about NIIF Infrastructure Finance Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE246R07616: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-10-22	97.3271	8.6450	—

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	1	ICRA (NSDL record)	2022-07-06
Rating Actions History	2	—	2026-08-06
Secondary-Market Trades	1	NSE OTC (WAP)	2026-10-22
Reg52(4) Payment Disclosures	0	—	—

No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.

Documents

Entity metadata

Source: NSDL debt master
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.

₹9,73,271.00

YTM8.64%

Trade Date 22 Oct 2026 17d ago

SourceNSE OTC (WAP)

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on NIIF Infrastructure Finance 8.04% May 2032 NCD?

NIIF Infrastructure Finance 8.04% May 2032 NCD carries a coupon of 8.04%, paid annual, on a face value of ₹10,00,000.

When does NIIF Infrastructure Finance 8.04% May 2032 NCD mature?

NIIF Infrastructure Finance 8.04% May 2032 NCD matures on 27 May 2032, 5.5 years from today.

What is NIIF Infrastructure Finance 8.04% May 2032 NCD rated?

No current rating from an agency or exchange is on file for NIIF Infrastructure Finance 8.04% May 2032 NCD. NSDL's debt master records a rating of AAA by ICRA, dated 6 Jul 2022, often from the time of issue, so it may be out of date.

Is NIIF Infrastructure Finance 8.04% May 2032 NCD secured?

NIIF Infrastructure Finance 8.04% May 2032 NCD is a secured bond.

What yield does NIIF Infrastructure Finance 8.04% May 2032 NCD currently offer?

The last recorded trade on 22 Oct 2026 priced NIIF Infrastructure Finance 8.04% May 2032 NCD at ₹9,73,271.00 per bond, implying a yield to maturity of 8.64%.

More Bonds from This Issuer

NIIF Infrastructure Finance 6.84% Nov 2026 NCD

INE246R07525

AAA NSDL record, 2021 Reg52 disclosed

Coupon

6.84%

Maturity

20 Nov 2026

View Details

NIIF Infrastructure Finance 6.84% Nov 2026 NCD

INE246R07541

AAA NSDL record, 2021 Reg52 disclosed

Coupon

6.84%

Maturity

27 Nov 2026

View Details

NIIF Infrastructure Finance 6.75% Feb 2027 NCD

INE246R07558

AAA NSDL record, 2021

Coupon

6.75%

Maturity

23 Feb 2027

View Details

NIIF Infrastructure Finance 7.05% Feb 2027 NCD

INE246R07574

AAA NSDL record, 2022

Coupon

7.05%

Maturity

25 Feb 2027

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2032

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 8.04%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE0AD508026	Aseem Infrastructure Finance Limited	AA+ NSDL record, 2025	8.05%	2032-10-29
INE282H07083	Jio Credit Limited	AAA	8.05%	2031-07-31
INE153A08105	Mahanagar Telephone Nigam Limited	AAA	8.00%	2032-11-15
INE721A07QO7	Shriram Finance Limited	AA+	8.00%	2031-12-26
INE306N07MS0	Tata Capital Limited	AAA NSDL record, 2022	8.00%	2032-06-01
INE040A08807	HDFC Bank Limited	AAA NSDL record, 2023	8.00%	2032-07-27

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