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National Bank for Agricultur… 8.62% Mar 2034 NCD

AAA Unsecured NCD

National Bank for Agriculture and Rural Development

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2034

Current YTM
7.65%
Market YTM
Coupon Rate
8.62%
Per annum
Maturity Date
14 Mar 2034
7.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.65%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+88 bps
vs 7.5Y G-Sec at 6.77%
Below the median spread for similar-tenor peers
Tenure
7.5 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.
Cashflow Timeline
14 Mar 2027
Interest Payment
₹86,200.00 / Bond
14 Mar 2028
Interest Payment
₹86,200.00 / Bond
14 Mar 2029
Interest Payment
₹86,200.00 / Bond
14 Mar 2030
Interest Payment
₹86,200.00 / Bond
14 Mar 2031
Interest Payment
₹86,200.00 / Bond
14 Mar 2032
Interest Payment
₹86,200.00 / Bond
14 Mar 2033
Interest Payment
₹86,200.00 / Bond
14 Mar 2034
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 2019-03-14 Matures 2034-03-14

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

Key Metrics
Coupon Rate
8.62%
YTM (Annual)
7.65%
Credit Rating
AAA
(INDIA_RATINGS)
Remaining Tenure
7.5 Years
Advanced metrics
Modified Duration
5.29 Yrs
Macaulay Duration
5.70 Yrs
Issue Size
₹1,516 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
5.29 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-24
BSE
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.38 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
2019-03-14
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

National Bank for Agriculture and Rural Development issued this rated, ncd (8.62% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BONDS. SERIES LTIF 3E. MATURITY DATE - 14/03/2034) carrying a 8.62% 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
2026-08-24 105.3300 7.6500 2
2026-08-20 105.3700 7.6400 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2019-02-13
Rating Actions History 1 2026-08-05
Secondary-Market Trades 2 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… 8.62% Mar 2034 NCD?

National Bank for Agricultur… 8.62% Mar 2034 NCD carries a coupon of 8.62%, paid annual, on a face value of ₹1,000,000.

When does National Bank for Agricultur… 8.62% Mar 2034 NCD mature?

National Bank for Agricultur… 8.62% Mar 2034 NCD matures on 2034-03-14, 7.5 years from today.

What is National Bank for Agricultur… 8.62% Mar 2034 NCD rated?

National Bank for Agricultur… 8.62% Mar 2034 NCD is rated AAA by INDIA_RATINGS. As of 2019-02-13.

Is National Bank for Agricultur… 8.62% Mar 2034 NCD secured?

National Bank for Agricultur… 8.62% Mar 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can National Bank for Agricultur… 8.62% Mar 2034 NCD be called or put back early?

National Bank for Agricultur… 8.62% Mar 2034 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… 8.62% Mar 2034 NCD currently offer?

The last recorded trade on 2026-08-24 priced National Bank for Agricultur… 8.62% Mar 2034 NCD at ₹105.33, implying a yield to maturity of 7.65%.

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Maturity
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