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National Highways Authority… 7.27% Feb 2035 NCD

AAA Secured NCD

National Highways Authority Of India

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2035

Current YTM
7.34%
Market YTM
Coupon Rate
7.27%
Per annum
Maturity Date
24 Feb 2035
8.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.34%
Live, last traded 2026-08-17
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+78 bps
vs 8.5Y G-Sec at 6.56%
Below the median spread for similar-tenor peers
Tenure
8.5 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
24 Feb 2027
Interest Payment
₹72,700.00 / Bond
24 Feb 2028
Interest Payment
₹72,700.00 / Bond
24 Feb 2029
Interest Payment
₹72,700.00 / Bond
24 Feb 2030
Interest Payment
₹72,700.00 / Bond
24 Feb 2031
Interest Payment
₹72,700.00 / Bond
24 Feb 2032
Interest Payment
₹72,700.00 / Bond
24 Feb 2033
Interest Payment
₹72,700.00 / Bond
24 Feb 2034
Interest Payment
₹72,700.00 / Bond
24 Feb 2035
Principal Payment
₹1,000,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2020-02-24 Matures 2035-02-24
Key Metrics
Coupon Rate
7.27%
YTM (Annual)
7.34%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
8.5 Years
Advanced metrics
Modified Duration
5.95 Yrs
Macaulay Duration
6.39 Yrs
Issue Size
₹5,000 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
5.95 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-17
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 2.73 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
2020-02-24
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by National Highways Authority Of India, NHAI-7.27%-24-2-35-PVT is a secured, rated, ncd paying a 7.27% p.a. coupon annual. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-17 99.4429 7.3425 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, INDIA_RATINGS 2020-02-29
Rating Actions History 0
Secondary-Market Trades 1 NSE OTC (WAP) 2026-08-17
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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… 7.27% Feb 2035 NCD?

National Highways Authority… 7.27% Feb 2035 NCD carries a coupon of 7.27%, paid annual, on a face value of ₹1,000,000.

When does National Highways Authority… 7.27% Feb 2035 NCD mature?

National Highways Authority… 7.27% Feb 2035 NCD matures on 2035-02-24, 8.5 years from today.

What is National Highways Authority… 7.27% Feb 2035 NCD rated?

National Highways Authority… 7.27% Feb 2035 NCD is rated AAA by CRISIL and AAA by INDIA_RATINGS. As of 2020-02-29.

Is National Highways Authority… 7.27% Feb 2035 NCD secured?

National Highways Authority… 7.27% Feb 2035 NCD is a secured bond.

Where does National Highways Authority… 7.27% Feb 2035 NCD trade?

National Highways Authority… 7.27% Feb 2035 NCD is listed on BSE.

What yield does National Highways Authority… 7.27% Feb 2035 NCD currently offer?

The last recorded trade on 2026-08-17 priced National Highways Authority… 7.27% Feb 2035 NCD at ₹99.44, implying a yield to maturity of 7.34%.

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