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National Highways Authority… 7.28% Sep 2030 NCD

AAA Secured NCD

National Highways Authority Of India

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2030

Current YTM
5.27%
Market YTM
Coupon Rate
7.28%
Per annum
Maturity Date
18 Sep 2030
4.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
5.27%
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 4.1Y G-Sec at 6.00%
Below the median spread for similar-tenor peers
Tenure
4.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-09 2026-08-11
Cashflow Timeline
18 Sep 2026
Interest Payment
₹72,800.00 / Bond
18 Sep 2027
Interest Payment
₹72,800.00 / Bond
18 Sep 2028
Interest Payment
₹72,800.00 / Bond
18 Sep 2029
Interest Payment
₹72,800.00 / Bond
18 Sep 2030
Principal Payment
₹1,000,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2015-09-18 Matures 2030-09-18
Key Metrics
Coupon Rate
7.28%
YTM (Annual)
5.27%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.1 Years
Advanced metrics
Modified Duration
3.28 Yrs
Macaulay Duration
3.45 Yrs
Issue Size
₹3,323 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.28 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-11
BSE
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.72 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
2015-09-18
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

7.28% SECURED REDEEMABLE TAX FREE NON CONVERTIBLE BONDS IN TEH NATURE OF DEBENTURES. SERIES NHAI-IIB. DATE OF MATURITY 18/09/2030 is a secured, rated, redeemable ncd issued by National Highways Authority Of India. The bond offers a fixed coupon of 7.28% p.a. with annual interest payments and repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-11 107.2300 5.2700 1
2026-07-16 107.9200 5.1200 1
2026-07-15 107.3846 5.2600 None
2026-07-09 107.6098 5.2450 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2015-09-08
Rating Actions History 0
Secondary-Market Trades 4 BSE 2026-08-11
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 Highways Authority… 7.28% Sep 2030 NCD?

National Highways Authority… 7.28% Sep 2030 NCD carries a coupon of 7.28%, paid annual, on a face value of ₹1,000,000.

When does National Highways Authority… 7.28% Sep 2030 NCD mature?

National Highways Authority… 7.28% Sep 2030 NCD matures on 2030-09-18, 4.1 years from today.

What is National Highways Authority… 7.28% Sep 2030 NCD rated?

National Highways Authority… 7.28% Sep 2030 NCD is rated AAA by CRISIL. As of 2015-09-08.

Is National Highways Authority… 7.28% Sep 2030 NCD secured?

National Highways Authority… 7.28% Sep 2030 NCD is a secured bond.

Can National Highways Authority… 7.28% Sep 2030 NCD be called or put back early?

National Highways Authority… 7.28% Sep 2030 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 Highways Authority… 7.28% Sep 2030 NCD currently offer?

The last recorded trade on 2026-08-11 priced National Highways Authority… 7.28% Sep 2030 NCD at ₹107.23, implying a yield to maturity of 5.27%.

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