National Highways Authority of India 7.03% Dec 2040 NCD (INE906B07IH3)
National Highways Authority of India
Secured, Taxable, Redeemable NCD
Browse: bonds maturing in 2040
Market Position
Price vs Yield
Showing last 10 trades.
Cashflow Timeline
15 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
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Market Characteristics
Observations
- This bond is secured.
- 2 secondary-market trades recorded in the last 30 days.
- Coupon is 3.17 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 16 Jul 2026National Highways Authority of India 7.03% Dec 2040 NCD is a secured NCD issued by National Highways Authority of India. It pays a 7.03% p.a. coupon, annually. Principal is repaid at maturity.
Recent Market Prices
| Trade Date | Clean Price | YTM (%) | Trades |
|---|---|---|---|
| 2026-11-05 | 90.3483 | 8.2000 | 1 |
| 2026-10-16 | 95.8000 | 7.5100 | — |
| 2026-08-18 | 97.0000 | 7.3600 | — |
| 2026-07-02 | 96.5900 | 7.4100 | 1 |
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 1 | ICRA (NSDL record) | 2020-11-17 |
| Rating Actions History | 0 | — | — |
| Secondary-Market Trades | 4 | NSE OTC (WAP) | 2026-11-05 |
| Reg52(4) Payment Disclosures | 0 | — | — |
- No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
Documents
Entity metadata
- Source
- NSDL debt master
- Last Updated
- 16 Jul 2026
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What is the coupon rate on National Highways Authority of India 7.03% Dec 2040 NCD?
National Highways Authority of India 7.03% Dec 2040 NCD carries a coupon of 7.03%, paid annual, on a face value of ₹10,00,000.
When does National Highways Authority of India 7.03% Dec 2040 NCD mature?
National Highways Authority of India 7.03% Dec 2040 NCD matures on 15 Dec 2040, 14.1 years from today.
What is National Highways Authority of India 7.03% Dec 2040 NCD rated?
No current rating from an agency or exchange is on file for National Highways Authority of India 7.03% Dec 2040 NCD. NSDL's debt master records a rating of AAA by ICRA, dated 17 Nov 2020, often from the time of issue, so it may be out of date.
Is National Highways Authority of India 7.03% Dec 2040 NCD secured?
National Highways Authority of India 7.03% Dec 2040 NCD is a secured bond.
What yield does National Highways Authority of India 7.03% Dec 2040 NCD currently offer?
The last recorded trade on 5 Nov 2026 priced National Highways Authority of India 7.03% Dec 2040 NCD at ₹9,03,483.00 per bond, implying a yield to maturity of 8.20%.
More Bonds from This Issuer
Comparable NCDs maturing near 2040
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 7.03%. For comparison only, not a recommendation.
| Bond | Issuer | Rating | Coupon | Maturity |
|---|---|---|---|---|
| INE020B08FS4 | REC Limited | AAA | 7.02% | 2040-04-30 |
| INE0KUG08118 | National Bank for Financing Infrastructure and Development | AAA | 7.15% | 2040-11-13 |
| INE053F07CS5 | Indian Railway Finance Corporation Limited | AAA | 6.85% | 2040-10-29 |
| INE090A08UN9 | ICICI Bank Limited | AAA | 7.40% | 2040-11-28 |
| INE020B08GH5 | REC Limited | AAA | 7.49% | 2041-08-31 |
| INE0KUG08167 | National Bank for Financing Infrastructure and Development | — | 7.54% | 2041-08-19 |