N

National Highways Authority… 7.14% Sep 2040 NCD

AAA Secured NCD

National Highways Authority Of India

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2040

Current YTM
7.45%
Market YTM
Coupon Rate
7.14%
Per annum
Maturity Date
10 Sep 2040
14.0 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.45%
Live, last traded 2026-07-03
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+58 bps
vs 14.0Y G-Sec at 6.87%
Below the median spread for similar-tenor peers
Tenure
14.0 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
10 Sep 2026
Interest Payment
₹71,400.00 / Bond
10 Sep 2027
Interest Payment
₹71,400.00 / Bond
10 Sep 2028
Interest Payment
₹71,400.00 / Bond
10 Sep 2029
Interest Payment
₹71,400.00 / Bond
10 Sep 2030
Interest Payment
₹71,400.00 / Bond
10 Sep 2031
Interest Payment
₹71,400.00 / Bond
10 Sep 2032
Interest Payment
₹71,400.00 / Bond
10 Sep 2033
Interest Payment
₹71,400.00 / Bond
10 Sep 2040
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 2020-09-10 Matures 2040-09-10
Key Metrics
Coupon Rate
7.14%
YTM (Annual)
7.45%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
14.0 Years
Advanced metrics
Modified Duration
8.03 Yrs
Macaulay Duration
8.62 Yrs
Issue Size
₹6,000 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
8.03 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-03
BSE
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 2.86 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2020-09-10
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

National Highways Authority Of India issued this secured, rated, ncd (NHAI-7.14%-10-9-40-PVT) carrying a 7.14% p.a. coupon, paid annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-03 97.2500 7.4500 1
2026-06-30 96.3811 7.5550 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2020-09-30
Rating Actions History 0
Secondary-Market Trades 2 BSE 2026-07-03
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… 7.14% Sep 2040 NCD?

National Highways Authority… 7.14% Sep 2040 NCD carries a coupon of 7.14%, paid annual, on a face value of ₹1,000,000.

When does National Highways Authority… 7.14% Sep 2040 NCD mature?

National Highways Authority… 7.14% Sep 2040 NCD matures on 2040-09-10, 14.0 years from today.

What is National Highways Authority… 7.14% Sep 2040 NCD rated?

National Highways Authority… 7.14% Sep 2040 NCD is rated AAA by CRISIL and AAA by CARE. As of 2020-09-30.

Is National Highways Authority… 7.14% Sep 2040 NCD secured?

National Highways Authority… 7.14% Sep 2040 NCD is a secured bond.

Where does National Highways Authority… 7.14% Sep 2040 NCD trade?

National Highways Authority… 7.14% Sep 2040 NCD is listed on BSE.

What yield does National Highways Authority… 7.14% Sep 2040 NCD currently offer?

The last recorded trade on 2026-07-03 priced National Highways Authority… 7.14% Sep 2040 NCD at ₹97.25, implying a yield to maturity of 7.45%.

More Bonds from This Issuer
5
National Highways Authorit… 5.00% Aug 2026 NCD
AAA
Coupon
5.00%
Maturity
31 Aug 2026
5
National Highways Authorit… 5.00% Sep 2026 NCD
AAA
Coupon
5.00%
Maturity
30 Sep 2026
5
National Highways Authorit… 5.00% Oct 2026 NCD
AAA
Coupon
5.00%
Maturity
31 Oct 2026
5
National Highways Authorit… 5.00% Nov 2026 NCD
AAA
Coupon
5.00%
Maturity
30 Nov 2026
Compare (/) Compare Bonds

← Back to screener