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National Bank for Agriculture and Rural Development 6.97% Jul 2036 NCD (INE261F08DG5)

ICRA AAA · NSDL record, 2021 Unsecured NCD

National Bank for Agriculture and Rural Development

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2036

118 more bonds from National Bank for Agriculture and Rural Development →
Current YTM
7.86%
Market YTM
Coupon Rate
6.97%
Per annum
Maturity Date
29 Jul 2036
9.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Market Position

YTM (Annual)
7.86%
Last traded 5 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+59 bps
vs 9.7Y G-Sec at 7.27%
Below the median spread for similar-tenor peers
Tenure
9.7 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.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

29 Jul 2027
Interest Payment
₹69,700.00 / Bond
₹62,730.00 net of 10% TDS (est.)
29 Jul 2028
Interest Payment
₹69,700.00 / Bond
₹62,730.00 net of 10% TDS (est.)
29 Jul 2029
Interest Payment
₹69,700.00 / Bond
₹62,730.00 net of 10% TDS (est.)
29 Jul 2030
Interest Payment
₹69,700.00 / Bond
₹62,730.00 net of 10% TDS (est.)
29 Jul 2031
Interest Payment
₹69,700.00 / Bond
₹62,730.00 net of 10% TDS (est.)
29 Jul 2032
Interest Payment
₹69,700.00 / Bond
₹62,730.00 net of 10% TDS (est.)
29 Jul 2033
Interest Payment
₹69,700.00 / Bond
₹62,730.00 net of 10% TDS (est.)
29 Jul 2034
Interest Payment
₹69,700.00 / Bond
₹62,730.00 net of 10% TDS (est.)
…
+1 more coupon until 29 Jul 2035
₹69,700.00 each / Bond
29 Jul 2036
Final coupon + principal
₹10,69,700.00 / Bond
₹69,700.00 coupon + ₹10,00,000 face value

10 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 29 Jul 2021 Matures 29 Jul 2036

Key Metrics

Coupon Rate
6.97%
YTM (Annual)
7.86%
Credit Rating
AAA
Rating on NSDL record (ICRA, 2021)
Not a current agency rating; see below
Remaining Tenure
9.7 Years

AAA (ICRA): Rating on NSDL record (ICRA, 2021), dated 13 Jul 2021. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
6.63 Yrs
Macaulay Duration
7.16 Yrs
Issue Size
₹1,456 Cr
Face Value
₹10,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
6.63 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
5 Nov 2026
BSE
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 3.23 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
29 Jul 2021
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Issued by National Bank for Agriculture and Rural Development, National Bank for Agriculture and Rural Development 6.97% Jul 2036 NCD is an unsecured NCD. It pays a 6.97% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

3 actions

Agency actions on National Bank for Agriculture and Rural Development and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-10-19 CRISIL Update — — View →
2026-09-28 CRISIL Update — — View →
2026-08-05 CRISIL Initial AAA Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on National Bank for Agriculture and Rural Development

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-10-19 CRISIL Update — View →
2026-09-28 CRISIL Update — View →
2026-08-05 CRISIL Initial AAA / Stable View →
Alert me about National Bank for Agriculture and Rural Development An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE261F08DG5: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-05 94.0600 7.8600 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA (NSDL record) 2021-07-13
Rating Actions History 3 — 2026-10-19
Secondary-Market Trades 1 BSE 2026-11-05
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.

Documents

Entity metadata
Source
NSDL debt master
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.

Current Price (Clean)
₹9,40,600.00
YTM7.86%
Trade Date 5 Nov 2026 3d ago
SourceBSE
Accrued interest (est.)₹19,668.77
Dirty price (est.)₹9,60,268.77
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE261F08DG5
Issue Date
29 Jul 2021
Maturity Date
29 Jul 2036
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on National Bank for Agriculture and Rural Development 6.97% Jul 2036 NCD?

National Bank for Agriculture and Rural Development 6.97% Jul 2036 NCD carries a coupon of 6.97%, paid annual, on a face value of ₹10,00,000.

When does National Bank for Agriculture and Rural Development 6.97% Jul 2036 NCD mature?

National Bank for Agriculture and Rural Development 6.97% Jul 2036 NCD matures on 29 Jul 2036, 9.7 years from today.

What is National Bank for Agriculture and Rural Development 6.97% Jul 2036 NCD rated?

No current rating from an agency or exchange is on file for National Bank for Agriculture and Rural Development 6.97% Jul 2036 NCD. NSDL's debt master records a rating of AAA by ICRA, dated 13 Jul 2021, often from the time of issue, so it may be out of date.

Is National Bank for Agriculture and Rural Development 6.97% Jul 2036 NCD secured?

National Bank for Agriculture and Rural Development 6.97% Jul 2036 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does National Bank for Agriculture and Rural Development 6.97% Jul 2036 NCD currently offer?

The last recorded trade on 5 Nov 2026 priced National Bank for Agriculture and Rural Development 6.97% Jul 2036 NCD at ₹9,40,600.00 per bond, implying a yield to maturity of 7.86%.

More Bonds from This Issuer

N
National Bank for Agriculture and Rural Development 7.83% Dec 2026 NCD
INE261F08ED0
AAA NSDL record, 2023
Coupon
7.83%
Maturity
30 Dec 2026
N
National Bank for Agriculture and Rural Development 7.80% Mar 2027 NCD
INE261F08EF5
AAA NSDL record, 2023
Coupon
7.80%
Maturity
15 Mar 2027
N
National Bank for Agriculture and Rural Development 6.57% Jun 2027 NCD
INE261F08CF9
AAA NSDL record, 2020
Coupon
6.57%
Maturity
01 Jun 2027
N
National Bank for Agriculture and Rural Development 7.70% Sep 2027 NCD
INE261F08EI9
Coupon
7.70%
Maturity
30 Sep 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2036

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 6.97%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE053F08155Indian Railway Finance Corporation LimitedAAA6.95%2036-11-24
INE906B07II1National Highways Authority of IndiaAAA6.94%2036-12-30
INE053F08114Indian Railway Finance Corporation LimitedAAA7.03%2036-07-30
INE062A08496State Bank of IndiaAAA7.05%2036-03-20
INE206D08485Nuclear Power Corporation of India LimitedAAA NSDL record, 20226.89%2037-03-24
INE134E08LI6Power Finance Corporation LimitedAAA7.11%2036-06-30

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