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National Bank for Agricultur… 8.51% Dec 2033 NCD

AAA Unsecured NCD

National Bank for Agriculture and Rural Development

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2033

Current YTM
7.69%
Market YTM
Coupon Rate
8.51%
Per annum
Maturity Date
19 Dec 2033
7.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.69%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+111 bps
vs 7.3Y G-Sec at 6.58%
Below the median spread for similar-tenor peers
Tenure
7.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-10 2026-08-24
Cashflow Timeline
19 Dec 2026
Interest Payment
₹85,100.00 / Bond
19 Dec 2027
Interest Payment
₹85,100.00 / Bond
19 Dec 2028
Interest Payment
₹85,100.00 / Bond
19 Dec 2029
Interest Payment
₹85,100.00 / Bond
19 Dec 2030
Interest Payment
₹85,100.00 / Bond
19 Dec 2031
Interest Payment
₹85,100.00 / Bond
19 Dec 2032
Interest Payment
₹85,100.00 / Bond
19 Dec 2033
Principal Payment
₹1,000,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-08-05 Issued 2018-12-19 Matures 2033-12-19

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

Key Metrics
Coupon Rate
8.51%
YTM (Annual)
7.69%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
7.3 Years
Advanced metrics
Modified Duration
5.08 Yrs
Macaulay Duration
5.47 Yrs
Issue Size
₹1,504 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
5.08 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-24
BSE
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.49 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
2018-12-19
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

National Bank for Agriculture and Rural Development issued this rated, ncd (8.51% UNSECURED RATED LISTED REDEEMABLE TAXABLE NON CONVERTIBLE BONDS. SERIES LTIF 3C. DATE OF MATURITY 19/12/2033) carrying a 8.51% 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
2026-08-24 104.3600 7.6900 2
2026-08-20 104.6500 7.6800 2
2026-08-10 106.0900 7.3900 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2018-11-30
Rating Actions History 1 2026-08-05
Secondary-Market Trades 3 BSE 2026-08-24
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… 8.51% Dec 2033 NCD?

National Bank for Agricultur… 8.51% Dec 2033 NCD carries a coupon of 8.51%, paid annual, on a face value of ₹1,000,000.

When does National Bank for Agricultur… 8.51% Dec 2033 NCD mature?

National Bank for Agricultur… 8.51% Dec 2033 NCD matures on 2033-12-19, 7.3 years from today.

What is National Bank for Agricultur… 8.51% Dec 2033 NCD rated?

National Bank for Agricultur… 8.51% Dec 2033 NCD is rated AAA by CRISIL. As of 2018-11-30.

Is National Bank for Agricultur… 8.51% Dec 2033 NCD secured?

National Bank for Agricultur… 8.51% Dec 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can National Bank for Agricultur… 8.51% Dec 2033 NCD be called or put back early?

National Bank for Agricultur… 8.51% Dec 2033 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

What yield does National Bank for Agricultur… 8.51% Dec 2033 NCD currently offer?

The last recorded trade on 2026-08-24 priced National Bank for Agricultur… 8.51% Dec 2033 NCD at ₹104.36, implying a yield to maturity of 7.69%.

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