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National Bank for Agricultur… 7.65% Apr 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
7.41%
Market YTM
Coupon Rate
7.65%
Per annum
Maturity Date
28 Apr 2034
7.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.41%
Live, last traded 2026-08-04
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+75 bps
vs 7.7Y G-Sec at 6.66%
Below the median spread for similar-tenor peers
Tenure
7.7 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.
Cashflow Timeline
21 Dec 2026
Interest Payment
₹7,650.00 / Bond
21 Dec 2027
Interest Payment
₹7,650.00 / Bond
21 Dec 2028
Interest Payment
₹7,650.00 / Bond
21 Dec 2029
Interest Payment
₹7,650.00 / Bond
21 Dec 2030
Interest Payment
₹7,650.00 / Bond
21 Dec 2031
Interest Payment
₹7,650.00 / Bond
21 Dec 2032
Interest Payment
₹7,650.00 / Bond
21 Dec 2033
Interest Payment
₹7,650.00 / Bond
28 Apr 2034
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-08-05 Issued 2023-12-21 Matures 2034-04-28

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

Key Metrics
Coupon Rate
7.65%
YTM (Annual)
7.41%
Credit Rating
AAA
(INDIA_RATINGS)
Remaining Tenure
7.7 Years
Advanced metrics
Modified Duration
5.54 Yrs
Macaulay Duration
5.95 Yrs
Issue Size
₹10,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.54 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-04
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.35 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
2023-12-21
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.65% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES 24D DATE OF MATURITY 28/04/2034 is a rated, redeemable ncd issued by National Bank for Agriculture and Rural Development. The bond offers a fixed coupon of 7.65% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-05 CRISIL Initial AAA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-04 101.2889 7.4100 None
2026-08-03 101.0288 7.4550 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2023-12-11
Rating Actions History 1 2026-08-05
Secondary-Market Trades 2 NSE OTC (WAP) 2026-08-04
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… 7.65% Apr 2034 NCD?

National Bank for Agricultur… 7.65% Apr 2034 NCD carries a coupon of 7.65%, paid annual, on a face value of ₹100,000.

When does National Bank for Agricultur… 7.65% Apr 2034 NCD mature?

National Bank for Agricultur… 7.65% Apr 2034 NCD matures on 2034-04-28, 7.7 years from today.

What is National Bank for Agricultur… 7.65% Apr 2034 NCD rated?

National Bank for Agricultur… 7.65% Apr 2034 NCD is rated AAA by INDIA_RATINGS. As of 2023-12-11.

Is National Bank for Agricultur… 7.65% Apr 2034 NCD secured?

National Bank for Agricultur… 7.65% Apr 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does National Bank for Agricultur… 7.65% Apr 2034 NCD currently offer?

The last recorded trade on 2026-08-04 priced National Bank for Agricultur… 7.65% Apr 2034 NCD at ₹101.29, implying a yield to maturity of 7.41%.

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