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National Bank for Agriculture and Rural Development 7.01% Mar 2029 NCD (INE261F08ES8)

CRISIL AAA Unsecured NCD

National Bank for Agriculture and Rural Development

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

118 more bonds from National Bank for Agriculture and Rural Development →
Current YTM
7.86%
Market YTM
Coupon Rate
7.01%
Per annum
Maturity Date
16 Mar 2029
2.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
7.86%
Last traded 9 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+88 bps
vs 2.4Y G-Sec at 6.98%
Below the median spread for similar-tenor peers
Tenure
2.4 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
21 Aug 20269 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

17 Feb 2027
Interest Payment
₹7,010.00 / Bond
₹6,309.00 net of 10% TDS (est.)
17 Feb 2028
Interest Payment
₹7,010.00 / Bond
₹6,309.00 net of 10% TDS (est.)
17 Feb 2029
Interest Payment
₹7,010.00 / Bond
₹6,309.00 net of 10% TDS (est.)
16 Mar 2029
Final coupon (part period) + principal
₹1,00,518.55 / Bond
₹518.55 coupon + ₹1,00,000 face value

4 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 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 17 Feb 2026 Matures 16 Mar 2029

Key Metrics

Coupon Rate
7.01%
YTM (Annual)
7.86%
Credit Rating
AAA
(CRISIL) · seen 28 Jun 2026
Remaining Tenure
2.4 Years
Advanced metrics
Modified Duration
2.00 Yrs
Macaulay Duration
2.15 Yrs
Issue Size
₹6,779 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
2.00 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
9 Oct 2026
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 3.19 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
17 Feb 2026
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

National Bank for Agriculture and Rural Development issued National Bank for Agriculture and Rural Development 7.01% Mar 2029 NCD, an unsecured, rated NCD. It pays a 7.01% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
seen on 28 Jun 2026 CRISIL AAA — Latest NSE listing
2026 ICRA AAA — NSDL record, 2026 NSDL debt master

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 INE261F08ES8: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-09 98.1027 7.8600 —
2026-09-24 98.2422 7.7800 —
2026-09-16 98.4026 7.7000 —
2026-09-11 98.4117 7.6944 —
2026-09-04 98.6775 7.5686 —
2026-09-03 98.6043 7.6000 —
2026-09-02 98.4039 7.6900 —
2026-08-21 98.5909 7.5967 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2026-06-28
Rating Actions History 3 — 2026-10-19
Secondary-Market Trades 8 NSE OTC (WAP) 2026-10-09
Reg52(4) Payment Disclosures 0 — —

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)
₹98,102.70
YTM7.86%
Trade Date 9 Oct 2026 30d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹4,570.90
Dirty price (est.)₹1,02,673.60
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE261F08ES8
Issue Date
17 Feb 2026
Maturity Date
16 Mar 2029
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on National Bank for Agriculture and Rural Development 7.01% Mar 2029 NCD?

National Bank for Agriculture and Rural Development 7.01% Mar 2029 NCD carries a coupon of 7.01%, paid annual, on a face value of ₹1,00,000.

When does National Bank for Agriculture and Rural Development 7.01% Mar 2029 NCD mature?

National Bank for Agriculture and Rural Development 7.01% Mar 2029 NCD matures on 16 Mar 2029, 2.4 years from today.

What is National Bank for Agriculture and Rural Development 7.01% Mar 2029 NCD rated?

National Bank for Agriculture and Rural Development 7.01% Mar 2029 NCD is rated AAA by CRISIL (rating dated 28 Jun 2026).

Is National Bank for Agriculture and Rural Development 7.01% Mar 2029 NCD secured?

National Bank for Agriculture and Rural Development 7.01% Mar 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does National Bank for Agriculture and Rural Development 7.01% Mar 2029 NCD currently offer?

The last recorded trade on 9 Oct 2026 priced National Bank for Agriculture and Rural Development 7.01% Mar 2029 NCD at ₹98,102.70 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 2029

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 7.01%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE556F08LB2Small Industries Development Bank of IndiaAAA NSDL record, 20257.04%2029-02-09
INE916DA7TB2Kotak Mahindra Prime LimitedAAA7.05%2028-04-10
INE660A07SA2Sundaram Finance LimitedAAA NSDL record, 20257.05%2028-10-11
INE296A07TN6Bajaj Finance LimitedAAA7.07%2028-09-21
INE282H07026Jio Credit LimitedAAA7.08%2028-05-26
INE916DA7TG1Kotak Mahindra Prime LimitedAAA7.09%2028-08-21

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