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National Highways Authority… 8.48% Nov 2028 NCD

AAA / Stable Secured NCD

National Highways Authority Of India

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
5.28%
Market YTM
Coupon Rate
8.48%
Per annum
Maturity Date
22 Nov 2028
2.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
5.28%
Live, last traded 2026-08-11
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+73 bps
vs 2.2Y G-Sec at 4.55%
Below the median spread for similar-tenor peers
Tenure
2.2 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
22 Nov 2026
Interest Payment
₹84,800.00 / Bond
22 Nov 2027
Interest Payment
₹84,800.00 / Bond
22 Nov 2028
Principal Payment
₹1,000,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2013-11-22 Matures 2028-11-22
Key Metrics
Coupon Rate
8.48%
YTM (Annual)
5.28%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
2.2 Years
Advanced metrics
Modified Duration
1.91 Yrs
Macaulay Duration
2.01 Yrs
Issue Size
₹850 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.91 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-11
BSE
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.52 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2013-11-22
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

National Highways Authority Of India issued this secured, rated, ncd (NHAI-8.48%-IB-22-11-28-PVT) carrying a 8.48% p.a. coupon, paid annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-11 106.6900 5.2800 3
2026-08-10 106.6300 5.3100 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2013-12-31
Rating Actions History 0
Secondary-Market Trades 2 BSE 2026-08-11
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 2026

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Frequently Asked Questions
What is the coupon rate on National Highways Authority… 8.48% Nov 2028 NCD?

National Highways Authority… 8.48% Nov 2028 NCD carries a coupon of 8.48%, paid annual, on a face value of ₹1,000,000.

When does National Highways Authority… 8.48% Nov 2028 NCD mature?

National Highways Authority… 8.48% Nov 2028 NCD matures on 2028-11-22, 2.2 years from today.

What is National Highways Authority… 8.48% Nov 2028 NCD rated?

National Highways Authority… 8.48% Nov 2028 NCD is rated AAA by CRISIL. As of 2013-12-31.

Is National Highways Authority… 8.48% Nov 2028 NCD secured?

National Highways Authority… 8.48% Nov 2028 NCD is a secured bond.

Where does National Highways Authority… 8.48% Nov 2028 NCD trade?

National Highways Authority… 8.48% Nov 2028 NCD is listed on BSE.

What yield does National Highways Authority… 8.48% Nov 2028 NCD currently offer?

The last recorded trade on 2026-08-11 priced National Highways Authority… 8.48% Nov 2028 NCD at ₹106.69, implying a yield to maturity of 5.28%.

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