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National Housing Bank 8.76% Jan 2034 NCD

AAA Secured NCD

National Housing Bank

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2034

Current YTM
4.31%
Market YTM
Coupon Rate
8.76%
Per annum
Maturity Date
13 Jan 2034
7.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹5,000
Per Bond
Market Position
YTM (Annual)
4.31%
Live, last traded 2026-08-13
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
-251 bps
vs 7.4Y G-Sec at 6.82%
Below the median spread for similar-tenor peers
Tenure
7.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-01 2026-08-13
Cashflow Timeline
13 Jan 2027
Interest Payment
₹438.00 / Bond
13 Jan 2028
Interest Payment
₹438.00 / Bond
13 Jan 2029
Interest Payment
₹438.00 / Bond
13 Jan 2030
Interest Payment
₹438.00 / Bond
13 Jan 2031
Interest Payment
₹438.00 / Bond
13 Jan 2032
Interest Payment
₹438.00 / Bond
13 Jan 2033
Interest Payment
₹438.00 / Bond
13 Jan 2034
Principal Payment
₹5,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹5,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Withdrawn: AAA by CRISIL on 2026-07-08 Issued 2014-01-13 Matures 2034-01-13

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

Key Metrics
Coupon Rate
8.76%
YTM (Annual)
4.31%
Credit Rating
AAA
(ICRA)
Remaining Tenure
7.4 Years
Advanced metrics
Modified Duration
5.46 Yrs
Macaulay Duration
5.70 Yrs
Issue Size
₹713 Cr
Minimum Investment
₹5,000
(1 Bond)
Market Characteristics
Modified Duration
5.46 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-13
NSE CM
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.24 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2014-01-13
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

National Housing Bank issued this secured, rated, ncd (8.76% TAX FREE BONDS IN THE NATURE OF SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES . TRANCHE -I SERIES 3A. LETTER OF ALLOTMENT. DATE OF MATURITY 13/01/2034) carrying a 8.76% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-08 CRISIL Withdrawal AAA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-13 127.9806 4.3109 None
2026-08-04 126.0000 4.5945 None
2026-07-31 122.3800 5.0700 3
2026-07-29 121.5800 5.1900 2
2026-07-21 126.0000 4.6096 None
2026-07-16 123.9800 4.8974 None
2026-07-01 124.0000 4.9097 9
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2013-12-10
Rating Actions History 1 2026-07-08
Secondary-Market Trades 7 NSE CM 2026-08-13
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 Housing Bank 8.76% Jan 2034 NCD?

National Housing Bank 8.76% Jan 2034 NCD carries a coupon of 8.76%, paid annual, on a face value of ₹5,000.

When does National Housing Bank 8.76% Jan 2034 NCD mature?

National Housing Bank 8.76% Jan 2034 NCD matures on 2034-01-13, 7.4 years from today.

What is National Housing Bank 8.76% Jan 2034 NCD rated?

National Housing Bank 8.76% Jan 2034 NCD is rated AAA by ICRA. As of 2013-12-10.

Is National Housing Bank 8.76% Jan 2034 NCD secured?

National Housing Bank 8.76% Jan 2034 NCD is a secured bond.

Can National Housing Bank 8.76% Jan 2034 NCD be called or put back early?

National Housing Bank 8.76% Jan 2034 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

What yield does National Housing Bank 8.76% Jan 2034 NCD currently offer?

The last recorded trade on 2026-08-13 priced National Housing Bank 8.76% Jan 2034 NCD at ₹127.98, implying a yield to maturity of 4.31%.

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Maturity
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Maturity
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8
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Maturity
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Maturity
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