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NIIF Infrastructure Finance 7.88% Aug 2031 NCD (INE246R07897)

ICRA AAA Secured NCD

NIIF Infrastructure Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

56 more bonds from NIIF Infrastructure Finance Limited →

Current YTM

—

No current market yield

Coupon Rate

7.88%

Per annum

Maturity Date

28 Aug 2031

4.8 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹1,00,000

Per Bond

Market Position

YTM (Annual)

—

No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 28 Sep 2026.

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Tenure

4.8 Years

Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)

4 Aug 202628 Sep 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

29 Apr 2027

Interest Payment

₹7,880.00 / Bond

₹7,092.00 net of 10% TDS (est.)

29 Apr 2028

Interest Payment

₹7,880.00 / Bond

₹7,092.00 net of 10% TDS (est.)

29 Apr 2029

Interest Payment

₹7,880.00 / Bond

₹7,092.00 net of 10% TDS (est.)

29 Apr 2030

Interest Payment

₹7,880.00 / Bond

₹7,092.00 net of 10% TDS (est.)

29 Apr 2031

Interest Payment

₹7,880.00 / Bond

₹7,092.00 net of 10% TDS (est.)

28 Aug 2031

Final coupon (part period) + principal

₹1,02,605.14 / Bond

₹2,605.14 coupon + ₹1,00,000 face value

6 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today

Key Metrics

Coupon Rate

7.88%

YTM (Annual)

—

Credit Rating

AAA

(ICRA) · seen 28 Jun 2026

Remaining Tenure

4.8 Years

Advanced metrics

Modified Duration

3.82 Yrs

Macaulay Duration

4.12 Yrs

Issue Size

₹1,000 Cr

Face Value

₹1,00,000

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

Market Characteristics

Modified Duration

3.82 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

28 Sep 2026

BSE

Trades (30 Days)

0

Exchange-reported sessions

Security Status

Secured

No call option

Observations

This bond is secured.
No secondary-market trades recorded in the last 30 days.
Coupon is 2.32 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

29 Apr 2026

Day Count Convention

ACT/ACT

Listed Exchange

—

Call / Put Option

None disclosed

NIIF Infrastructure Finance 7.88% Aug 2031 NCD is a secured, rated NCD issued by NIIF Infrastructure Finance Limited. It pays a 7.88% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

Date	Agency	Rating	Outlook	Status	Source
seen on 28 Jun 2026	ICRA	AAA	—	Latest	NSE listing
2026	CARE	AAA	—	NSDL record, 2026	NSDL debt master

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 INE246R07897: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-09-28	99.1000	8.1000	1
2026-09-25	102.3500	7.3017	1
2026-09-24	99.5805	7.9704	2
2026-08-27	99.6400	7.9600	2
2026-08-17	99.5605	7.9717	—
2026-08-11	99.9652	7.8800	—
2026-08-10	99.7300	7.9373	—
2026-08-06	100.0000	7.9315	—
2026-08-05	99.7486	7.9350	—
2026-08-04	100.0000	7.9363	—

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	2	CARE, ICRA	2026-06-28
Rating Actions History	2	—	2026-08-06
Secondary-Market Trades	10	BSE	2026-09-28
Reg52(4) Payment Disclosures	0	—	—

No trade in the last 30 days, so the last traded yield is not shown as current.

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.

₹99,100.00

YTM—

Trade Date 28 Sep 2026 41d ago

SourceBSE

Accrued interest (est.)₹1,576.00

Dirty price (est.)₹1,00,676.00

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on NIIF Infrastructure Finance 7.88% Aug 2031 NCD?

NIIF Infrastructure Finance 7.88% Aug 2031 NCD carries a coupon of 7.88%, paid annual, on a face value of ₹1,00,000.

When does NIIF Infrastructure Finance 7.88% Aug 2031 NCD mature?

NIIF Infrastructure Finance 7.88% Aug 2031 NCD matures on 28 Aug 2031, 4.8 years from today.

What is NIIF Infrastructure Finance 7.88% Aug 2031 NCD rated?

NIIF Infrastructure Finance 7.88% Aug 2031 NCD is rated AAA by ICRA (rating dated 28 Jun 2026).

Is NIIF Infrastructure Finance 7.88% Aug 2031 NCD secured?

NIIF Infrastructure Finance 7.88% Aug 2031 NCD is a secured bond.

More Bonds from This Issuer

N

NIIF Infrastructure Finance 6.84% Nov 2026 NCD

INE246R07525

AAA NSDL record, 2021 Reg52 disclosed

Coupon

6.84%

Maturity

20 Nov 2026

View Details

N

NIIF Infrastructure Finance 6.84% Nov 2026 NCD

INE246R07541

AAA NSDL record, 2021 Reg52 disclosed

Coupon

6.84%

Maturity

27 Nov 2026

View Details

N

NIIF Infrastructure Finance 6.75% Feb 2027 NCD

INE246R07558

AAA NSDL record, 2021

Coupon

6.75%

Maturity

23 Feb 2027

View Details

N

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 2031

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 7.88%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE976I07DG4	Tata Capital Limited	AAA	7.88%	2031-07-07
INE511C07953	Poonawalla Fincorp Limited	AAA	7.90%	2030-10-31
INE044A08015	Sun Pharmaceutical Industries Limited	—	7.90%	2031-10-23
INE296A07UA1	Bajaj Finance Limited	AAA	7.92%	2031-06-24
INE033L07IV6	Tata Capital Housing Finance Limited	—	7.83%	2031-08-20
INE134E08ME3	Power Finance Corporation Limited	AAA	7.82%	2032-03-12

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