Market closed today (Weekend) · Prices and yields as of last trading day, 28 Aug 2026
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National Highways Authority… ZC Aug 2048 NCD

AAA Secured NCD

National Highways Authority Of India

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2048

Current YTM
No live YTM available
Coupon Rate
Per annum
Maturity Date
02 Aug 2048
21.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Tenure
21.9 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

Single payment at maturity

Zero-coupon / bullet bond — principal repaid on 2048-08-02.
Payment Disclosures (SEBI Reg52(4)) 1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-08-02 Interest ₹1,741,600,000.00 ₹1,741,600,000.00 Paid XBRL →
Non-payment reason: Due to the bank holiday on 02-08-2026

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2026-08-02 -- history accumulates as disclosures are broadcast.

Bond Timeline
— Issue / Maturity | Coupon (projected) ◆ Reg52(4) disclosed ┊ Today
Today Interest paid (SEBI Reg52(4) disclosure) — due 2026-08-02 Issued 2018-08-02 Matures 2048-08-02

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics
Coupon Rate
YTM (Annual)
Credit Rating
AAA
(INDIA_RATINGS)
Remaining Tenure
21.9 Years
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹2,060 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2018-08-02
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

National Highways Authority Of India issued this secured, rated, ncd (10 YRS G-SEC RATE LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE TAXABLE BONDS. SERIES II. DATE OF MATURITY 02/08/2048) carrying a 0.00% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2018-07-24
Rating Actions History 0
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 1 NSE 2026-08-02
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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
When does National Highways Authority… ZC Aug 2048 NCD mature?

National Highways Authority… ZC Aug 2048 NCD matures on 2048-08-02, 21.9 years from today.

What is National Highways Authority… ZC Aug 2048 NCD rated?

National Highways Authority… ZC Aug 2048 NCD is rated AAA by INDIA_RATINGS. As of 2018-07-24.

Is National Highways Authority… ZC Aug 2048 NCD secured?

National Highways Authority… ZC Aug 2048 NCD is a secured bond.

Can National Highways Authority… ZC Aug 2048 NCD be called or put back early?

National Highways Authority… ZC Aug 2048 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

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