N

National Highways Authority… 6.50% Apr 2031 NCD

AAA Secured NCD

National Highways Authority Of India

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
7.30%
Market YTM
Coupon Rate
6.50%
Per annum
Maturity Date
11 Apr 2031
4.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.30%
Live, last traded 2026-07-22
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+67 bps
vs 4.6Y G-Sec at 6.63%
Below the median spread for similar-tenor peers
Tenure
4.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-01 2026-07-22
Cashflow Timeline
5 Aug 2027
Interest Payment
₹65,000.00 / Bond
5 Aug 2028
Interest Payment
₹65,000.00 / Bond
5 Aug 2029
Interest Payment
₹65,000.00 / Bond
5 Aug 2030
Interest Payment
₹65,000.00 / Bond
11 Apr 2031
Principal Payment
₹1,000,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2020-08-05 Matures 2031-04-11
Key Metrics
Coupon Rate
6.50%
YTM (Annual)
7.30%
Credit Rating
AAA
(ICRA)
Remaining Tenure
4.6 Years
Advanced metrics
Modified Duration
3.76 Yrs
Macaulay Duration
4.03 Yrs
Issue Size
₹1,270 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.76 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-22
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 3.50 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
2020-08-05
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

NHAI-6.50%-11-4-31-PVT is a secured, rated, redeemable ncd issued by National Highways Authority Of India. The bond offers a fixed coupon of 6.50% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-22 96.9265 7.3000 None
2026-07-17 96.6994 7.3525 None
2026-07-01 96.8000 7.3200 None
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
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… 6.50% Apr 2031 NCD?

National Highways Authority… 6.50% Apr 2031 NCD carries a coupon of 6.50%, paid annual, on a face value of ₹1,000,000.

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

National Highways Authority… 6.50% Apr 2031 NCD matures on 2031-04-11, 4.6 years from today.

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

National Highways Authority… 6.50% Apr 2031 NCD is rated AAA by ICRA and AAA by CARE. As of 2020-07-17.

Is National Highways Authority… 6.50% Apr 2031 NCD secured?

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

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

National Highways Authority… 6.50% Apr 2031 NCD is listed on BSE.

What yield does National Highways Authority… 6.50% Apr 2031 NCD currently offer?

The last recorded trade on 2026-07-22 priced National Highways Authority… 6.50% Apr 2031 NCD at ₹96.93, implying a yield to maturity of 7.30%.

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