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National Bank for Agricultur… 7.83% Oct 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
7.43%
Market YTM
Coupon Rate
7.83%
Per annum
Maturity Date
17 Oct 2034
8.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.43%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+99 bps
vs 8.1Y G-Sec at 6.44%
Below the median spread for similar-tenor peers
Tenure
8.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-10 2026-08-27
Cashflow Timeline
17 Oct 2026
Interest Payment
₹78,300.00 / Bond
17 Oct 2027
Interest Payment
₹78,300.00 / Bond
17 Oct 2028
Interest Payment
₹78,300.00 / Bond
17 Oct 2029
Interest Payment
₹78,300.00 / Bond
17 Oct 2030
Interest Payment
₹78,300.00 / Bond
17 Oct 2031
Interest Payment
₹78,300.00 / Bond
17 Oct 2032
Interest Payment
₹78,300.00 / Bond
17 Oct 2033
Interest Payment
₹78,300.00 / Bond
17 Oct 2034
Principal Payment
₹1,000,000.00 / Bond

Next 8 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 2019-10-17 Matures 2034-10-17

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

Key Metrics
Coupon Rate
7.83%
YTM (Annual)
7.43%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
8.1 Years
Advanced metrics
Modified Duration
5.54 Yrs
Macaulay Duration
5.95 Yrs
Issue Size
₹1,770 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
5.54 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
NSE OTC (WAP)
Trades (30 Days)
8
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 8 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.17 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
2019-10-17
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

7.83% UNSECURED LISTED RATED REDEEMABLE TAXABLE NON CONVERTIBLE BONDS. LETTER OF ALLOTMENT. SERIES LTIF 4A. DATE OF MATURITY 17/10/2034 is a rated, redeemable ncd issued by National Bank for Agriculture and Rural Development. The bond offers a fixed coupon of 7.83% p.a. with annual interest payments and 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
2026-08-27 102.3200 7.4300 None
2026-08-26 101.1768 7.6442 None
2026-08-25 101.1768 7.6442 1
2026-08-24 100.8400 7.6800 2
2026-08-21 101.3000 7.6000 2
2026-08-20 100.9700 7.6500 1
2026-08-12 102.3751 7.4200 None
2026-08-10 102.3800 7.4200 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2019-10-16
Rating Actions History 1 2026-08-05
Secondary-Market Trades 8 NSE OTC (WAP) 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… 7.83% Oct 2034 NCD?

National Bank for Agricultur… 7.83% Oct 2034 NCD carries a coupon of 7.83%, paid annual, on a face value of ₹1,000,000.

When does National Bank for Agricultur… 7.83% Oct 2034 NCD mature?

National Bank for Agricultur… 7.83% Oct 2034 NCD matures on 2034-10-17, 8.1 years from today.

What is National Bank for Agricultur… 7.83% Oct 2034 NCD rated?

National Bank for Agricultur… 7.83% Oct 2034 NCD is rated AAA by CRISIL. As of 2019-10-16.

Is National Bank for Agricultur… 7.83% Oct 2034 NCD secured?

National Bank for Agricultur… 7.83% Oct 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can National Bank for Agricultur… 7.83% Oct 2034 NCD be called or put back early?

National Bank for Agricultur… 7.83% Oct 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… 7.83% Oct 2034 NCD currently offer?

The last recorded trade on 2026-08-27 priced National Bank for Agricultur… 7.83% Oct 2034 NCD at ₹102.32, implying a yield to maturity of 7.43%.

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