Market closed today (Weekend) · Prices and yields as of last trading day, 28 Aug 2026
N
AA Unsecured NCD

Nashik Municipal Corporation

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
8.19%
Market YTM
Coupon Rate
8.05%
Per annum
Maturity Date
05 Mar 2031
4.5 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹125
Per Bond
Market Position
YTM (Annual)
8.19%
Live, last traded 2026-08-18
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+151 bps
vs 4.5Y G-Sec at 6.68%
Below the median spread for similar-tenor peers
Tenure
4.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-14 2026-08-18
Cashflow Timeline
5 Sep 2026
Interest Payment
₹5.03 / Bond
5 Mar 2027
Interest Payment
₹5.03 / Bond
5 Sep 2027
Interest Payment
₹5.03 / Bond
5 Mar 2028
Interest Payment
₹5.03 / Bond
5 Sep 2028
Interest Payment
₹5.03 / Bond
5 Mar 2029
Interest Payment
₹5.03 / Bond
5 Sep 2029
Interest Payment
₹5.03 / Bond
5 Mar 2030
Interest Payment
₹5.03 / Bond
5 Mar 2031
Principal Payment
₹125.00 / Bond

Next 8 coupons + principal at maturity · per ₹125 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2026-03-05 Matures 2031-03-05
Key Metrics
Coupon Rate
8.05%
YTM (Annual)
8.19%
Credit Rating
AA
(CRISIL)
Remaining Tenure
4.5 Years
Advanced metrics
Modified Duration
3.58 Yrs
Macaulay Duration
3.72 Yrs
Issue Size
₹25 Cr
Minimum Investment
₹125
(1 Bond)
Market Characteristics
Modified Duration
3.58 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-18
BSE
Trades (30 Days)
6
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 6 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.95 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
2026-03-05
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Nashik Municipal Corporation, 8.05% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE GREEN MUNCIPAL BOND IN THE NATURE OF DEBENTURE SERIES II STRPP C DATE OF MATURITY 05/03/2031 is a rated, ncd paying a 8.05% p.a. coupon semi annual. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-18 100.0500 8.1900 1
2026-08-17 100.0000 8.0481 None
2026-08-14 100.1000 8.1800 1
2026-08-11 103.2080 7.2109 None
2026-08-05 100.1900 8.1500 1
2026-08-03 100.0800 8.1800 1
2026-07-22 100.4000 7.9411 None
2026-07-21 103.1200 7.2403 None
2026-07-17 100.8000 7.8368 None
2026-07-14 100.8000 7.8370 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, INDIA_RATINGS 2026-06-28
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-18
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 Nashik Municipal 8.05% Mar 2031 NCD?

Nashik Municipal 8.05% Mar 2031 NCD carries a coupon of 8.05%, paid semi annual, on a face value of ₹125.

When does Nashik Municipal 8.05% Mar 2031 NCD mature?

Nashik Municipal 8.05% Mar 2031 NCD matures on 2031-03-05, 4.5 years from today.

What is Nashik Municipal 8.05% Mar 2031 NCD rated?

Nashik Municipal 8.05% Mar 2031 NCD is rated AA by CRISIL and AA+ by INDIA_RATINGS. As of 2026-06-28.

Is Nashik Municipal 8.05% Mar 2031 NCD secured?

Nashik Municipal 8.05% Mar 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Nashik Municipal 8.05% Mar 2031 NCD currently offer?

The last recorded trade on 2026-08-18 priced Nashik Municipal 8.05% Mar 2031 NCD at ₹100.05, implying a yield to maturity of 8.19%.

More Bonds from This Issuer
8
Nashik Municipal 8.05% Mar 2029 NCD
AA+
Coupon
8.05%
Maturity
05 Mar 2029
7
Nashik Municipal 7.80% Nov 2029 NCD
AA+
Coupon
7.80%
Maturity
25 Nov 2029
8
Nashik Municipal 8.05% Mar 2030 NCD
AA+
Coupon
8.05%
Maturity
05 Mar 2030
7
Nashik Municipal 7.80% Nov 2030 NCD
AA+
Coupon
7.80%
Maturity
25 Nov 2030
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