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National Highways Authority of India 6.98% Jun 2035 NCD (INE906B07ID2)

CRISIL AAA Secured NCD

National Highways Authority of India

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2035

60 more bonds from National Highways Authority of India →
Current YTM
—
No current market yield
Coupon Rate
6.98%
Per annum
Maturity Date
29 Jun 2035
8.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 18 Aug 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
8.6 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
25 Jun 202618 Aug 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

29 Jun 2027
Interest Payment
₹69,800.00 / Bond
₹62,820.00 net of 10% TDS (est.)
29 Jun 2028
Interest Payment
₹69,800.00 / Bond
₹62,820.00 net of 10% TDS (est.)
29 Jun 2029
Interest Payment
₹69,800.00 / Bond
₹62,820.00 net of 10% TDS (est.)
29 Jun 2030
Interest Payment
₹69,800.00 / Bond
₹62,820.00 net of 10% TDS (est.)
29 Jun 2031
Interest Payment
₹69,800.00 / Bond
₹62,820.00 net of 10% TDS (est.)
29 Jun 2032
Interest Payment
₹69,800.00 / Bond
₹62,820.00 net of 10% TDS (est.)
29 Jun 2033
Interest Payment
₹69,800.00 / Bond
₹62,820.00 net of 10% TDS (est.)
29 Jun 2034
Interest Payment
₹69,800.00 / Bond
₹62,820.00 net of 10% TDS (est.)
29 Jun 2035
Final coupon + principal
₹10,69,800.00 / Bond
₹69,800.00 coupon + ₹10,00,000 face value

9 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 29 Jun 2020 Matures 29 Jun 2035

Key Metrics

Coupon Rate
6.98%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL) · rated 31 Jul 2020, 6 years ago
Over 15 months old; see below
Remaining Tenure
8.6 Years

AAA (CRISIL): Rated 31 Jul 2020 (6 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
6.18 Yrs
Macaulay Duration
6.61 Yrs
Issue Size
₹2,500 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
6.18 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
18 Aug 2026
NSE OTC (WAP)
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 3.22 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 7 Nov 2026
Instrument Type
NCD
Issue Date
29 Jun 2020
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 6.98% Jun 2035 NCD is a secured, rated NCD. It pays a 6.98% p.a. coupon, annually. Principal is repaid at maturity.

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 INE906B07ID2: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-08-18 97.6000 7.3500 —
2026-08-11 96.9664 7.4500 —
2026-07-30 97.2400 7.4100 1
2026-07-29 95.5000 7.6900 1
2026-07-28 97.6000 7.3500 —
2026-07-09 98.5500 7.2000 —
2026-06-25 97.7210 7.3300 —

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 — —
  • No trade in the last 30 days, so the last traded yield is not shown as current.

Documents

Entity metadata
Source
BSE
Last Updated
7 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)
₹9,76,000.00
YTM—
Trade Date 18 Aug 2026 82d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹25,433.97
Dirty price (est.)₹10,01,433.97
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE906B07ID2
Issue Date
29 Jun 2020
Maturity Date
29 Jun 2035
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 6.98% Jun 2035 NCD?

National Highways Authority of India 6.98% Jun 2035 NCD carries a coupon of 6.98%, paid annual, on a face value of ₹10,00,000.

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

National Highways Authority of India 6.98% Jun 2035 NCD matures on 29 Jun 2035, 8.6 years from today.

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

National Highways Authority of India 6.98% Jun 2035 NCD is rated AAA by CRISIL (rating dated 31 Jul 2020).

Is National Highways Authority of India 6.98% Jun 2035 NCD secured?

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

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

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

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
N
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 2035

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 6.98%. For comparison only, not a recommendation.

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INE752E08783Power Grid Corporation of India LimitedAAA6.94%2035-04-15
INE0KUG08084National Bank for Financing Infrastructure and DevelopmentAAA NSDL record, 20257.04%2035-04-07
INE062A08496State Bank of IndiaAAA7.05%2036-03-20
INE053F07CD7Indian Railway Finance Corporation LimitedAAA6.90%2035-06-05
INE020B08FV8REC LimitedAAA6.81%2036-04-30
INE062A08231State Bank of IndiaAAA6.80%2035-08-21

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