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National Bank for Agricultur… 6.97% Jul 2036 NCD

AAA Unsecured NCD

National Bank for Agriculture and Rural Development

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2036

Current YTM
No live YTM available
Coupon Rate
6.97%
Per annum
Maturity Date
29 Jul 2036
9.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~6.97%
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
+28 bps
vs 9.9Y G-Sec at 6.69% *
Below the median spread for similar-tenor peers
Tenure
9.9 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
29 Jul 2027
Interest Payment
₹69,700.00 / Bond
29 Jul 2028
Interest Payment
₹69,700.00 / Bond
29 Jul 2029
Interest Payment
₹69,700.00 / Bond
29 Jul 2030
Interest Payment
₹69,700.00 / Bond
29 Jul 2031
Interest Payment
₹69,700.00 / Bond
29 Jul 2032
Interest Payment
₹69,700.00 / Bond
29 Jul 2033
Interest Payment
₹69,700.00 / Bond
29 Jul 2034
Interest Payment
₹69,700.00 / Bond
29 Jul 2036
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 2021-07-29 Matures 2036-07-29

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

Key Metrics
Coupon Rate
6.97%
YTM (Annual)
Credit Rating
AAA
(ICRA)
Remaining Tenure
9.9 Years
Advanced metrics
Modified Duration
6.96 Yrs
Macaulay Duration
7.44 Yrs
Issue Size
₹1,456 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
6.96 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 3.03 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
2021-07-29
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by National Bank for Agriculture and Rural Development, 6.97% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE TAXABLE BOND. NCD SERIES LTIF 6A.LETTER OF ALLOTMENT.DATE OF MATURITY 29/07/2036. is a rated, ncd paying a 6.97% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-05 CRISIL Initial AAA Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2021-07-13
Rating Actions History 1 2026-08-05
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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… 6.97% Jul 2036 NCD?

National Bank for Agricultur… 6.97% Jul 2036 NCD carries a coupon of 6.97%, paid annual, on a face value of ₹1,000,000.

When does National Bank for Agricultur… 6.97% Jul 2036 NCD mature?

National Bank for Agricultur… 6.97% Jul 2036 NCD matures on 2036-07-29, 9.9 years from today.

What is National Bank for Agricultur… 6.97% Jul 2036 NCD rated?

National Bank for Agricultur… 6.97% Jul 2036 NCD is rated AAA by ICRA. As of 2021-07-13.

Is National Bank for Agricultur… 6.97% Jul 2036 NCD secured?

National Bank for Agricultur… 6.97% Jul 2036 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

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