N
AA+ Unsecured NCD

Nashik Municipal Corporation

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2032

Current YTM
7.87%
Market YTM
Coupon Rate
8.05%
Per annum
Maturity Date
05 Mar 2032
5.5 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹125
Per Bond
Market Position
YTM (Annual)
7.87%
Live, last traded 2026-08-14
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+88 bps
vs 5.5Y G-Sec at 6.99%
Below the median spread for similar-tenor peers
Tenure
5.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-03 2026-08-14
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 2032
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 2032-03-05
Key Metrics
Coupon Rate
8.05%
YTM (Annual)
7.87%
Credit Rating
AA+
(CRISIL)
Remaining Tenure
5.5 Years
Advanced metrics
Modified Duration
4.23 Yrs
Macaulay Duration
4.40 Yrs
Issue Size
₹25 Cr
Minimum Investment
₹125
(1 Bond)
Market Characteristics
Modified Duration
4.23 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-14
NSE CM
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.95 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
2026-03-05
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Nashik Municipal Corporation issued this rated, ncd (8.05% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE GREEN MUNCIPAL BOND IN THE NATURE OF DEBENTURE SERIES II STRPP D DATE OF MATURITY 05/03/2032) carrying a 8.05% p.a. coupon, paid semi annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-14 100.8000 7.8677 None
2026-08-07 100.4327 8.1000 1
2026-07-27 100.8000 7.8679 None
2026-07-22 103.2000 7.3419 None
2026-07-15 103.2000 7.3435 None
2026-07-09 103.2000 7.3450 5
2026-07-06 99.2000 8.2255 1
2026-07-03 100.0000 8.0460 20
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2026-01-14
Rating Actions History 0
Secondary-Market Trades 8 NSE CM 2026-08-14
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 2032 NCD?

Nashik Municipal 8.05% Mar 2032 NCD carries a coupon of 8.05%, paid semi annual, on a face value of ₹125.

When does Nashik Municipal 8.05% Mar 2032 NCD mature?

Nashik Municipal 8.05% Mar 2032 NCD matures on 2032-03-05, 5.5 years from today.

What is Nashik Municipal 8.05% Mar 2032 NCD rated?

Nashik Municipal 8.05% Mar 2032 NCD is rated AA+ by CRISIL. As of 2026-01-14.

Is Nashik Municipal 8.05% Mar 2032 NCD secured?

Nashik Municipal 8.05% Mar 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Nashik Municipal 8.05% Mar 2032 NCD currently offer?

The last recorded trade on 2026-08-14 priced Nashik Municipal 8.05% Mar 2032 NCD at ₹100.80, implying a yield to maturity of 7.87%.

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
Compare (/) Compare Bonds

← Back to screener