N

National Highways Authority… 6.98% Jun 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
7.35%
Market YTM
Coupon Rate
6.98%
Per annum
Maturity Date
29 Jun 2035
8.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.35%
Live, last traded 2026-08-18
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+92 bps
vs 8.8Y G-Sec at 6.43%
Below the median spread for similar-tenor peers
Tenure
8.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-25 2026-08-18
Cashflow Timeline
29 Jun 2027
Interest Payment
₹69,800.00 / Bond
29 Jun 2028
Interest Payment
₹69,800.00 / Bond
29 Jun 2029
Interest Payment
₹69,800.00 / Bond
29 Jun 2030
Interest Payment
₹69,800.00 / Bond
29 Jun 2031
Interest Payment
₹69,800.00 / Bond
29 Jun 2032
Interest Payment
₹69,800.00 / Bond
29 Jun 2033
Interest Payment
₹69,800.00 / Bond
29 Jun 2034
Interest Payment
₹69,800.00 / Bond
29 Jun 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 2020-06-29 Matures 2035-06-29
Key Metrics
Coupon Rate
6.98%
YTM (Annual)
7.35%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
8.8 Years
Advanced metrics
Modified Duration
6.32 Yrs
Macaulay Duration
6.78 Yrs
Issue Size
₹2,500 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
6.32 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-18
NSE OTC (WAP)
Trades (30 Days)
5
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 5 secondary-market trades recorded in the last 30 days.
  • Coupon is 3.02 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
2020-06-29
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by National Highways Authority Of India, NHAI-6.98%-29-6-35-PVT is a secured, rated, ncd paying a 6.98% p.a. coupon annual. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-18 97.6000 7.3500 None
2026-08-11 96.9664 7.4500 None
2026-07-30 97.2400 7.4100 1
2026-07-29 95.5000 7.6900 1
2026-07-28 97.6000 7.3500 None
2026-07-09 98.5500 7.2000 None
2026-06-25 97.7210 7.3300 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2020-07-31
Rating Actions History 0
Secondary-Market Trades 7 NSE OTC (WAP) 2026-08-18
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… 6.98% Jun 2035 NCD?

National Highways Authority… 6.98% Jun 2035 NCD carries a coupon of 6.98%, paid annual, on a face value of ₹1,000,000.

When does National Highways Authority… 6.98% Jun 2035 NCD mature?

National Highways Authority… 6.98% Jun 2035 NCD matures on 2035-06-29, 8.8 years from today.

What is National Highways Authority… 6.98% Jun 2035 NCD rated?

National Highways Authority… 6.98% Jun 2035 NCD is rated AAA by CRISIL. As of 2020-07-31.

Is National Highways Authority… 6.98% Jun 2035 NCD secured?

National Highways Authority… 6.98% Jun 2035 NCD is a secured bond.

Where does National Highways Authority… 6.98% Jun 2035 NCD trade?

National Highways Authority… 6.98% Jun 2035 NCD is listed on BSE.

What yield does National Highways Authority… 6.98% Jun 2035 NCD currently offer?

The last recorded trade on 2026-08-18 priced National Highways Authority… 6.98% Jun 2035 NCD at ₹97.60, implying a yield to maturity of 7.35%.

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