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Niif Infrastructure Finance 7.88% Aug 2031 NCD

AAA Secured NCD

Niif Infrastructure Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
7.96%
Market YTM
Coupon Rate
7.88%
Per annum
Maturity Date
28 Aug 2031
5.0 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.96%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+156 bps
vs 5.0Y G-Sec at 6.40%
Below the median spread for similar-tenor peers
Tenure
5.0 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-04 2026-08-27
Cashflow Timeline
29 Apr 2027
Interest Payment
₹7,880.00 / Bond
29 Apr 2028
Interest Payment
₹7,880.00 / Bond
29 Apr 2029
Interest Payment
₹7,880.00 / Bond
29 Apr 2030
Interest Payment
₹7,880.00 / Bond
29 Apr 2031
Interest Payment
₹7,880.00 / Bond
28 Aug 2031
Principal Payment
₹100,000.00 / Bond

Next 5 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: AAA by CRISIL on 2026-08-06 Rating action: by CRISIL on 2026-07-14 Issued 2026-04-29 Matures 2031-08-28

2 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.88%
YTM (Annual)
7.96%
Credit Rating
AAA
(ICRA)
Remaining Tenure
5.0 Years
Advanced metrics
Modified Duration
4.00 Yrs
Macaulay Duration
4.32 Yrs
Issue Size
₹1,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.00 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
BSE
Trades (30 Days)
7
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 7 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.12 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
2026-04-29
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.88% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES NIIF IFL PP 1 2026-27 DATE OF MATURITY 28/08/2031 is a secured, rated, redeemable ncd issued by Niif Infrastructure Finance Limited. The bond offers a fixed coupon of 7.88% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-06 CRISIL Reaffirm AAA Stable View →
2026-07-14 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 99.6400 7.9600 2
2026-08-17 99.5605 7.9717 None
2026-08-11 99.9652 7.8800 None
2026-08-10 99.7300 7.9373 None
2026-08-06 100.0000 7.9315 None
2026-08-05 99.7486 7.9350 None
2026-08-04 100.0000 7.9363 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, ICRA 2026-06-28
Rating Actions History 2 2026-08-06
Secondary-Market Trades 7 BSE 2026-08-27
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

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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 ₹100,000.

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

Niif Infrastructure Finance 7.88% Aug 2031 NCD matures on 2031-08-28, 5.0 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 and AAA by CARE. As of 2026-06-28.

Is Niif Infrastructure Finance 7.88% Aug 2031 NCD secured?

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

What yield does Niif Infrastructure Finance 7.88% Aug 2031 NCD currently offer?

The last recorded trade on 2026-08-27 priced Niif Infrastructure Finance 7.88% Aug 2031 NCD at ₹99.64, implying a yield to maturity of 7.96%.

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