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National Bank for Agricultur… 7.64% Mar 2031 NCD

AAA Secured NCD

National Bank for Agriculture and Rural Development

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
No live YTM available
Coupon Rate
7.64%
Per annum
Maturity Date
23 Mar 2031
4.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~7.64%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+101 bps
vs 4.6Y G-Sec at 6.63% *
Below the median spread for similar-tenor peers
Tenure
4.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean)
2026-08-14 2026-08-27
Cashflow Timeline
23 Mar 2027
Interest Payment
₹76.40 / Bond
23 Mar 2028
Interest Payment
₹76.40 / Bond
23 Mar 2029
Interest Payment
₹76.40 / Bond
23 Mar 2030
Interest Payment
₹76.40 / Bond
23 Mar 2031
Principal Payment
₹1,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-08-05 Issued 2016-03-23 Matures 2031-03-23

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

Key Metrics
Coupon Rate
7.64%
YTM (Annual)
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.6 Years
Advanced metrics
Modified Duration
3.63 Yrs
Macaulay Duration
3.91 Yrs
Issue Size
₹1,759 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
3.63 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
NSE CM
Trades (30 Days)
21
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 21 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.36 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
2016-03-23
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

National Bank for Agriculture and Rural Development issued this secured, rated, ncd (7.64% SECURED REDEEMABLE NON CONVERTIBLE TAX FREE BONDS. SERIES II B. LETTER OF ALLOTMENT. DATE OF MATURITY 23/03/2031) carrying a 7.64% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-05 CRISIL Initial AAA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 111.4170 2
2026-08-26 111.2000 None
2026-08-25 108.7400 5.2800 2
2026-08-24 111.2000 3
2026-08-21 111.0000 None
2026-08-20 110.9710 None
2026-08-19 110.9000 None
2026-08-18 111.2000 None
2026-08-17 111.5000 None
2026-08-14 110.9000 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2016-02-19
Rating Actions History 1 2026-08-05
Secondary-Market Trades 10 NSE CM 2026-08-27
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 Agricultur… 7.64% Mar 2031 NCD?

National Bank for Agricultur… 7.64% Mar 2031 NCD carries a coupon of 7.64%, paid annual, on a face value of ₹1,000.

When does National Bank for Agricultur… 7.64% Mar 2031 NCD mature?

National Bank for Agricultur… 7.64% Mar 2031 NCD matures on 2031-03-23, 4.6 years from today.

What is National Bank for Agricultur… 7.64% Mar 2031 NCD rated?

National Bank for Agricultur… 7.64% Mar 2031 NCD is rated AAA by CRISIL. As of 2016-02-19.

Is National Bank for Agricultur… 7.64% Mar 2031 NCD secured?

National Bank for Agricultur… 7.64% Mar 2031 NCD is a secured bond.

Can National Bank for Agricultur… 7.64% Mar 2031 NCD be called or put back early?

National Bank for Agricultur… 7.64% Mar 2031 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

More Bonds from This Issuer
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National Bank for Agricult… 7.50% Aug 2026 NCD
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Coupon
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Maturity
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7
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7.50%
Maturity
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7
National Bank for Agricult… 7.49% Oct 2026 NCD
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Coupon
7.49%
Maturity
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7
National Bank for Agricult… 7.83% Dec 2026 NCD
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Coupon
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Maturity
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