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National Highways Authority of India 7.70% Sep 2029 NCD (INE906B07HH5)

CARE AAA Secured NCD

National Highways Authority of India

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

60 more bonds from National Highways Authority of India →
Current YTM
8.04%
Market YTM
Coupon Rate
7.70%
Per annum
Maturity Date
13 Sep 2029
2.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Market Position

YTM (Annual)
8.04%
Last traded 27 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+100 bps
vs 2.8Y G-Sec at 7.04%
Below the median spread for similar-tenor peers
Tenure
2.8 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
29 Jun 202627 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

13 Sep 2027
Interest Payment
₹77,000.00 / Bond
₹69,300.00 net of 10% TDS (est.)
13 Sep 2028
Interest Payment
₹77,000.00 / Bond
₹69,300.00 net of 10% TDS (est.)
13 Sep 2029
Final coupon + principal
₹10,77,000.00 / Bond
₹77,000.00 coupon + ₹10,00,000 face value

3 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 13 Sep 2019 Matures 13 Sep 2029

Key Metrics

Coupon Rate
7.70%
YTM (Annual)
8.04%
Credit Rating
AAA
(CARE) · rated 30 Sep 2019, 7 years ago
Over 15 months old; see below
Remaining Tenure
2.8 Years

AAA (CARE): Rated 30 Sep 2019 (7 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
2.44 Yrs
Macaulay Duration
2.63 Yrs
Issue Size
₹5,000 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
2.44 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
27 Oct 2026
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.50 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026
Instrument Type
NCD
Issue Date
13 Sep 2019
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by National Highways Authority of India, National Highways Authority of India 7.70% Sep 2029 NCD is a secured, rated NCD. It pays a 7.70% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
30 Sep 2019 CARE AAA — Latest BSE listing
2019 India Ratings AAA — NSDL record, 2019 NSDL debt master
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.

Recent Market Prices

Recent BSE trades for INE906B07HH5: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-27 99.0989 8.0425 —
2026-09-24 100.6950 7.4200 —
2026-08-10 101.1394 7.2638 —
2026-07-08 101.8239 7.0200 —
2026-06-30 101.6100 7.1000 1
2026-06-29 101.2009 7.2447 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, India Ratings 2019-09-30
Rating Actions History 0 — —
Secondary-Market Trades 6 NSE OTC (WAP) 2026-10-27
Reg52(4) Payment Disclosures 0 — —

Documents

Entity metadata
Source
BSE
Last Updated
8 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)
₹9,90,989.00
YTM8.04%
Trade Date 27 Oct 2026 12d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹12,024.66
Dirty price (est.)₹10,03,013.66
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE906B07HH5
Issue Date
13 Sep 2019
Maturity Date
13 Sep 2029
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on National Highways Authority of India 7.70% Sep 2029 NCD?

National Highways Authority of India 7.70% Sep 2029 NCD carries a coupon of 7.70%, paid annual, on a face value of ₹10,00,000.

When does National Highways Authority of India 7.70% Sep 2029 NCD mature?

National Highways Authority of India 7.70% Sep 2029 NCD matures on 13 Sep 2029, 2.8 years from today.

What is National Highways Authority of India 7.70% Sep 2029 NCD rated?

National Highways Authority of India 7.70% Sep 2029 NCD is rated AAA by CARE (rating dated 30 Sep 2019).

Is National Highways Authority of India 7.70% Sep 2029 NCD secured?

National Highways Authority of India 7.70% Sep 2029 NCD is a secured bond.

Where does National Highways Authority of India 7.70% Sep 2029 NCD trade?

National Highways Authority of India 7.70% Sep 2029 NCD is listed on BSE.

What yield does National Highways Authority of India 7.70% Sep 2029 NCD currently offer?

The last recorded trade on 27 Oct 2026 priced National Highways Authority of India 7.70% Sep 2029 NCD at ₹9,90,989.00 per bond, implying a yield to maturity of 8.04%.

More Bonds from This Issuer

N
National Highways Authority of India 5.00% Nov 2026 NCD
INE906B07IT8
AAA NSDL record, 2021
Coupon
5.00%
Maturity
30 Nov 2026
N
National Highways Authority of India 5.00% Dec 2026 NCD
INE906B07IU6
AAA NSDL record, 2021
Coupon
5.00%
Maturity
31 Dec 2026
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National Highways Authority of India 8.30% Jan 2027 NCD
INE906B07CB9
AAA NSDL record, 2011 Reg52 disclosed
Coupon
8.30%
Maturity
25 Jan 2027
N
National Highways Authority of India 5.00% Jan 2027 NCD
INE906B07IV4
AAA NSDL record, 2021
Coupon
5.00%
Maturity
31 Jan 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2029

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 7.70%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE511C07896Poonawalla Fincorp LimitedAAA7.70%2030-06-25
INE296A07UB9Bajaj Finance LimitedAAA7.70%2029-09-20
INE556F08LH9Small Industries Development Bank of India—7.70%2029-10-10
INE774D07VN2Mahindra and Mahindra Financial Services LimitedAAA7.71%2029-03-28
INE134E08KR9Power Finance Corporation LimitedAAA7.68%2030-07-15
INE261F08EG3National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20247.68%2029-04-30

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