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National Bank for Agricultur… 7.37% May 2035 NCD

AAA Unsecured NCD

National Bank for Agriculture and Rural Development

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2035

Current YTM
7.49%
Market YTM
Coupon Rate
7.37%
Per annum
Maturity Date
28 May 2035
8.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.49%
Live, last traded 2026-08-05
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+102 bps
vs 8.7Y G-Sec at 6.47%
Below the median spread for similar-tenor peers
Tenure
8.7 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
28 Feb 2027
Interest Payment
₹7,370.00 / Bond
28 Feb 2028
Interest Payment
₹7,370.00 / Bond
28 Feb 2029
Interest Payment
₹7,370.00 / Bond
28 Feb 2030
Interest Payment
₹7,370.00 / Bond
28 Feb 2031
Interest Payment
₹7,370.00 / Bond
28 Feb 2032
Interest Payment
₹7,370.00 / Bond
28 Feb 2033
Interest Payment
₹7,370.00 / Bond
28 Feb 2034
Interest Payment
₹7,370.00 / Bond
28 May 2035
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 2025-02-28 Matures 2035-05-28

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

Key Metrics
Coupon Rate
7.37%
YTM (Annual)
7.49%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
8.7 Years
Advanced metrics
Modified Duration
6.16 Yrs
Macaulay Duration
6.62 Yrs
Issue Size
₹4,060 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
6.16 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-05
NSE OTC (WAP)
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 2.63 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
2025-02-28
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by National Bank for Agriculture and Rural Development, 7.37% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES 25F DATE OF MATURITY 28/05/2035 is a rated, ncd paying a 7.37% p.a. coupon annual. The instrument 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
2026-08-05 99.1725 7.4900 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, INDIA_RATINGS 2026-06-28
Rating Actions History 1 2026-08-05
Secondary-Market Trades 1 NSE OTC (WAP) 2026-08-05
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… 7.37% May 2035 NCD?

National Bank for Agricultur… 7.37% May 2035 NCD carries a coupon of 7.37%, paid annual, on a face value of ₹100,000.

When does National Bank for Agricultur… 7.37% May 2035 NCD mature?

National Bank for Agricultur… 7.37% May 2035 NCD matures on 2035-05-28, 8.7 years from today.

What is National Bank for Agricultur… 7.37% May 2035 NCD rated?

National Bank for Agricultur… 7.37% May 2035 NCD is rated AAA by CRISIL and AAA by INDIA_RATINGS. As of 2026-06-28.

Is National Bank for Agricultur… 7.37% May 2035 NCD secured?

National Bank for Agricultur… 7.37% May 2035 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does National Bank for Agricultur… 7.37% May 2035 NCD currently offer?

The last recorded trade on 2026-08-05 priced National Bank for Agricultur… 7.37% May 2035 NCD at ₹99.17, implying a yield to maturity of 7.49%.

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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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