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National Highways Authority of India Dec 2048 NCD (INE906B07GM7)

ICRA AAA · NSDL record, 2018 Secured NCD

National Highways Authority of India

Secured, Taxable, Redeemable NCD

60 more bonds from National Highways Authority of India →
Current YTM
—
No market YTM available
Coupon Rate
—
Not disclosed
Maturity Date
21 Dec 2048
22.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
22.1 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.

Showing last 10 trades.

Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 21 Dec 2018 Matures 21 Dec 2048

Key Metrics

Coupon Rate
—
YTM (Annual)
—
Credit Rating
AAA
Rating on NSDL record (ICRA, 2018)
Not a current agency rating; see below
Remaining Tenure
22.1 Years

AAA (ICRA): Rating on NSDL record (ICRA, 2018), dated 3 Dec 2018. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹2,500 Cr
Face Value
₹10,00,000
Per bond. Exchange lot size not on file; check the offer document.

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 6 Nov 2026
Instrument Type
NCD
Issue Date
21 Dec 2018
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
Callable

Issued by National Highways Authority of India, National Highways Authority of India Dec 2048 NCD is a secured NCD. Principal is repaid at maturity. The issuer holds the right to redeem it before the maturity date.

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →
Alert me about National Highways Authority of India An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA (NSDL record) 2018-12-03
Rating Actions History 0 — —
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
NSDL debt master
Last Updated
6 Nov 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.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE906B07GM7
Issue Date
21 Dec 2018
Maturity Date
21 Dec 2048
Listing
—
Payment Frequency
Annual
Put / Call Option
Call
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
When does National Highways Authority of India Dec 2048 NCD mature?

National Highways Authority of India Dec 2048 NCD matures on 21 Dec 2048, 22.1 years from today.

What is National Highways Authority of India Dec 2048 NCD rated?

No current rating from an agency or exchange is on file for National Highways Authority of India Dec 2048 NCD. NSDL's debt master records a rating of AAA by ICRA, dated 3 Dec 2018, often from the time of issue, so it may be out of date.

Is National Highways Authority of India Dec 2048 NCD secured?

National Highways Authority of India Dec 2048 NCD is a secured bond.

Can National Highways Authority of India Dec 2048 NCD be called or put back early?

National Highways Authority of India Dec 2048 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

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