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National Housing Bank 8.88% Jan 2029 NCD

AAA Secured NCD

National Housing Bank

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
3.25%
Market YTM
Coupon Rate
8.88%
Per annum
Maturity Date
13 Jan 2029
2.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹5,000
Per Bond
Market Position
YTM (Annual)
3.25%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
-312 bps
vs 2.4Y G-Sec at 6.37%
Below the median spread for similar-tenor peers
Tenure
2.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean)
2026-07-07 2026-08-26
Cashflow Timeline
13 Jan 2027
Interest Payment
₹444.00 / Bond
13 Jan 2028
Interest Payment
₹444.00 / Bond
13 Jan 2029
Principal Payment
₹5,000.00 / Bond

Next 2 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Today Withdrawn: AAA by CRISIL on 2026-07-08 Issued 2014-01-13 Matures 2029-01-13

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

Key Metrics
Coupon Rate
8.88%
YTM (Annual)
3.25%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
2.4 Years
Advanced metrics
Modified Duration
2.08 Yrs
Macaulay Duration
2.15 Yrs
Issue Size
₹86 Cr
Minimum Investment
₹5,000
(1 Bond)
Market Characteristics
Modified Duration
2.08 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-26
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 1.12 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
2014-01-13
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

8.88% TAX FREE BONDS IN THE NATURE OF SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES . TRANCHE -I SERIES 2B. LETTER OF ALLOTMENT. DATE OF MATURITY 13/01/2029 is a secured, rated, redeemable ncd issued by National Housing Bank. The bond offers a fixed coupon of 8.88% p.a. with annual interest payments and 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
2026-08-26 112.7866 3.2518 None
2026-08-24 113.0000 3.1769 None
2026-08-18 113.0000 3.2124 None
2026-08-03 118.0000 1.3669 None
2026-07-24 117.9994 1.4348 None
2026-07-22 122.5400 None
2026-07-21 119.9598 0.7359 None
2026-07-07 120.0600 0.8112 42
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2013-12-10
Rating Actions History 1 2026-07-08
Secondary-Market Trades 8 NSE CM 2026-08-26
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 8.88% Jan 2029 NCD?

National Housing Bank 8.88% Jan 2029 NCD carries a coupon of 8.88%, paid annual, on a face value of ₹5,000.

When does National Housing Bank 8.88% Jan 2029 NCD mature?

National Housing Bank 8.88% Jan 2029 NCD matures on 2029-01-13, 2.4 years from today.

What is National Housing Bank 8.88% Jan 2029 NCD rated?

National Housing Bank 8.88% Jan 2029 NCD is rated AAA by CRISIL. As of 2013-12-10.

Is National Housing Bank 8.88% Jan 2029 NCD secured?

National Housing Bank 8.88% Jan 2029 NCD is a secured bond.

Can National Housing Bank 8.88% Jan 2029 NCD be called or put back early?

National Housing Bank 8.88% Jan 2029 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 8.88% Jan 2029 NCD currently offer?

The last recorded trade on 2026-08-26 priced National Housing Bank 8.88% Jan 2029 NCD at ₹112.79, implying a yield to maturity of 3.25%.

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8
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