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National Highways Authority of India 6.50% Apr 2031 NCD (INE906B07IE0)

CARE AAA Secured NCD

National Highways Authority of India

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

60 more bonds from National Highways Authority of India →
Current YTM
—
No current market yield
Coupon Rate
6.50%
Per annum
Maturity Date
11 Apr 2031
4.4 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 22 Jul 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
4.4 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
1 Jul 202622 Jul 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

Payment schedule not projected

The issuer's filed interest dates do not follow the maturity-date anniversaries our projection assumes, so projected dates and accrued interest would be wrong.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 5 Aug 2020 Matures 11 Apr 2031

Key Metrics

Coupon Rate
6.50%
YTM (Annual)
—
Credit Rating
AAA
(CARE) · rated 31 Aug 2020, 6 years ago
Over 15 months old; see below
Remaining Tenure
4.4 Years

AAA (CARE): Rated 31 Aug 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
—
Macaulay Duration
—
Issue Size
₹1,270 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
22 Jul 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 3.70 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
5 Aug 2020
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

National Highways Authority of India 6.50% Apr 2031 NCD is a secured, rated NCD issued by National Highways Authority of India. It pays a 6.50% 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
31 Aug 2020 CARE AAA — Latest BSE listing
2020 ICRA AAA — NSDL record, 2020 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 INE906B07IE0: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-07-22 96.9265 7.3000 —
2026-07-17 96.6994 7.3525 —
2026-07-01 96.8000 7.3200 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, ICRA 2020-08-31
Rating Actions History 0 — —
Secondary-Market Trades 3 NSE OTC (WAP) 2026-07-22
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
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)
₹9,69,265.00
YTM—
Trade Date 22 Jul 2026 109d ago
SourceNSE OTC (WAP)
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE906B07IE0
Issue Date
5 Aug 2020
Maturity Date
11 Apr 2031
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 6.50% Apr 2031 NCD?

National Highways Authority of India 6.50% Apr 2031 NCD carries a coupon of 6.50%, paid annual, on a face value of ₹10,00,000.

When does National Highways Authority of India 6.50% Apr 2031 NCD mature?

National Highways Authority of India 6.50% Apr 2031 NCD matures on 11 Apr 2031, 4.4 years from today.

What is National Highways Authority of India 6.50% Apr 2031 NCD rated?

National Highways Authority of India 6.50% Apr 2031 NCD is rated AAA by CARE (rating dated 31 Aug 2020).

Is National Highways Authority of India 6.50% Apr 2031 NCD secured?

National Highways Authority of India 6.50% Apr 2031 NCD is a secured bond.

Where does National Highways Authority of India 6.50% Apr 2031 NCD trade?

National Highways Authority of India 6.50% Apr 2031 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
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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 2031

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 6.50%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE261F08CQ6National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20206.49%2030-12-30
INE134E08NU7Power Finance Corporation LimitedAAA6.59%2030-10-15
INE261F08CN3National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20206.39%2030-11-19
INE134E08NR3Power Finance Corporation LimitedAAA6.64%2030-07-15
INE053F08502Indian Railway Finance Corporation LimitedAAA6.65%2030-05-20
INE861G08076Food Corporation of IndiaAAA NSDL record, 20206.65%2030-10-23

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