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National Highways Authority of India 6.81% Mar 2034 NCD (INE906B07IL5)

ICRA AAA · NSDL record, 2021 Secured NCD

National Highways Authority of India

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2034

60 more bonds from National Highways Authority of India →
Current YTM
—
No market YTM available
Coupon Rate
6.81%
Per annum
Maturity Date
30 Mar 2034
7.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
7.4 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.

Showing last 10 trades.

Cashflow Timeline

30 Mar 2027
Interest Payment
₹68,100.00 / Bond
₹61,290.00 net of 10% TDS (est.)
30 Mar 2028
Interest Payment
₹68,100.00 / Bond
₹61,290.00 net of 10% TDS (est.)
30 Mar 2029
Interest Payment
₹68,100.00 / Bond
₹61,290.00 net of 10% TDS (est.)
30 Mar 2030
Interest Payment
₹68,100.00 / Bond
₹61,290.00 net of 10% TDS (est.)
30 Mar 2031
Interest Payment
₹68,100.00 / Bond
₹61,290.00 net of 10% TDS (est.)
30 Mar 2032
Interest Payment
₹68,100.00 / Bond
₹61,290.00 net of 10% TDS (est.)
30 Mar 2033
Interest Payment
₹68,100.00 / Bond
₹61,290.00 net of 10% TDS (est.)
30 Mar 2034
Final coupon + principal
₹10,68,100.00 / Bond
₹68,100.00 coupon + ₹10,00,000 face value

8 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 30 Mar 2021 Matures 30 Mar 2034

Key Metrics

Coupon Rate
6.81%
YTM (Annual)
—
Credit Rating
AAA
Rating on NSDL record (ICRA, 2021)
Not a current agency rating; see below
Remaining Tenure
7.4 Years

AAA (ICRA): Rating on NSDL record (ICRA, 2021), dated 2 Mar 2021. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
5.44 Yrs
Macaulay Duration
5.81 Yrs
Issue Size
₹6,000 Cr
Face Value
₹10,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
5.44 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
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 3.39 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 2026
Instrument Type
NCD
Issue Date
30 Mar 2021
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

National Highways Authority of India 6.81% Mar 2034 NCD is a secured NCD issued by National Highways Authority of India. It pays a 6.81% 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.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA (NSDL record) 2021-03-02
Rating Actions History 0 — —
Secondary-Market Trades 0 — —
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.
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
NSDL debt master
Last Updated
16 Jul 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)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE906B07IL5
Issue Date
30 Mar 2021
Maturity Date
30 Mar 2034
Listing
—
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 6.81% Mar 2034 NCD?

National Highways Authority of India 6.81% Mar 2034 NCD carries a coupon of 6.81%, paid annual, on a face value of ₹10,00,000.

When does National Highways Authority of India 6.81% Mar 2034 NCD mature?

National Highways Authority of India 6.81% Mar 2034 NCD matures on 30 Mar 2034, 7.4 years from today.

What is National Highways Authority of India 6.81% Mar 2034 NCD rated?

No current rating from an agency or exchange is on file for National Highways Authority of India 6.81% Mar 2034 NCD. NSDL's debt master records a rating of AAA by ICRA, dated 2 Mar 2021, often from the time of issue, so it may be out of date.

Is National Highways Authority of India 6.81% Mar 2034 NCD secured?

National Highways Authority of India 6.81% Mar 2034 NCD is a secured bond.

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
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Comparable NCDs maturing near 2034

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 6.81%. For comparison only, not a recommendation.

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INE018A08BM2Larsen and Toubro LimitedAAA7.20%2035-01-22
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INE031A08939Housing and Urban Development Corporation LimitedAAA7.29%2035-02-12
INE134E08NC5Power Finance Corporation LimitedAAA7.30%2034-10-16
INE020B08FQ8REC LimitedAAA7.32%2035-02-28
INE053F08403Indian Railway Finance Corporation LimitedAAA7.39%2034-07-15

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