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National Housing Bank 8.90% Mar 2034 NCD

AAA Secured NCD

National Housing Bank

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2034

Current YTM
4.79%
Market YTM
Coupon Rate
8.90%
Per annum
Maturity Date
24 Mar 2034
7.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹5,000
Per Bond
Market Position
YTM (Annual)
4.79%
Live, last traded 2026-07-31
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
-192 bps
vs 7.6Y G-Sec at 6.71%
Below the median spread for similar-tenor peers
Tenure
7.6 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
24 Mar 2027
Interest Payment
₹445.00 / Bond
24 Mar 2028
Interest Payment
₹445.00 / Bond
24 Mar 2029
Interest Payment
₹445.00 / Bond
24 Mar 2030
Interest Payment
₹445.00 / Bond
24 Mar 2031
Interest Payment
₹445.00 / Bond
24 Mar 2032
Interest Payment
₹445.00 / Bond
24 Mar 2033
Interest Payment
₹445.00 / Bond
24 Mar 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Today Withdrawn: AAA by CRISIL on 2026-07-08 Issued 2014-03-24 Matures 2034-03-24

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

Key Metrics
Coupon Rate
8.90%
YTM (Annual)
4.79%
Credit Rating
AAA
(CARE)
Remaining Tenure
7.6 Years
Advanced metrics
Modified Duration
5.59 Yrs
Macaulay Duration
5.86 Yrs
Issue Size
₹48 Cr
Minimum Investment
₹5,000
(1 Bond)
Market Characteristics
Modified Duration
5.59 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-31
NSE CM
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.10 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
2014-03-24
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

8.90% (FOR CATEGORY IV i.e. RII- IF ON RECORD DATE BONDS HELD BY RII ELSE 8.65% p.a.) TAX FREE BONDS IN THE NATURE OF SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES . TRANCHE -II SERIES 3B. LETTER OF ALLOTMENT. DATE OF MATURITY 24/03/2034 is a secured, rated, redeemable ncd issued by National Housing Bank. The bond offers a fixed coupon of 8.90% 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
2026-07-31 126.0000 4.7943 None
2026-07-29 123.7000 5.1165 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2014-02-19
Rating Actions History 1 2026-07-08
Secondary-Market Trades 2 NSE CM 2026-07-31
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 8.90% Mar 2034 NCD?

National Housing Bank 8.90% Mar 2034 NCD carries a coupon of 8.90%, paid annual, on a face value of ₹5,000.

When does National Housing Bank 8.90% Mar 2034 NCD mature?

National Housing Bank 8.90% Mar 2034 NCD matures on 2034-03-24, 7.6 years from today.

What is National Housing Bank 8.90% Mar 2034 NCD rated?

National Housing Bank 8.90% Mar 2034 NCD is rated AAA by CARE. As of 2014-02-19.

Is National Housing Bank 8.90% Mar 2034 NCD secured?

National Housing Bank 8.90% Mar 2034 NCD is a secured bond.

Can National Housing Bank 8.90% Mar 2034 NCD be called or put back early?

National Housing Bank 8.90% Mar 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 8.90% Mar 2034 NCD currently offer?

The last recorded trade on 2026-07-31 priced National Housing Bank 8.90% Mar 2034 NCD at ₹126.00, implying a yield to maturity of 4.79%.

More Bonds from This Issuer
7
National Housing Bank 7.59% Jul 2027 NCD
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Coupon
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Maturity
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7
National Housing Bank 7.59% Sep 2027 NCD
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Maturity
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8
National Housing Bank 8.46% Aug 2028 NCD
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Coupon
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Maturity
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Coupon
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Maturity
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