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National Highways Authority of India 6.87% Apr 2032 NCD (INE906B07JA6)

CRISIL AAA Secured NCD

National Highways Authority of India

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2032

60 more bonds from National Highways Authority of India →
Current YTM
—
No market YTM available
Coupon Rate
6.87%
Per annum
Maturity Date
14 Apr 2032
5.4 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
5.4 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

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 22 Dec 2021 Matures 14 Apr 2032

Key Metrics

Coupon Rate
6.87%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL) · rated 31 Dec 2021, 4 years ago
Over 15 months old; see below
Remaining Tenure
5.4 Years

AAA (CRISIL): Rated 31 Dec 2021 (4 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
₹1,180 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
—
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 3.33 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 7 Nov 2026
Instrument Type
NCD
Issue Date
22 Dec 2021
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

National Highways Authority of India 6.87% Apr 2032 NCD is a secured, rated NCD issued by National Highways Authority of India. It pays a 6.87% 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 Dec 2021 CRISIL AAA — Latest BSE listing
2021 India Ratings AAA — NSDL record, 2021 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.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, India Ratings 2021-12-31
Rating Actions History 0 — —
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
Last Updated
7 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)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE906B07JA6
Issue Date
22 Dec 2021
Maturity Date
14 Apr 2032
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 6.87% Apr 2032 NCD?

National Highways Authority of India 6.87% Apr 2032 NCD carries a coupon of 6.87%, paid annual, on a face value of ₹10,00,000.

When does National Highways Authority of India 6.87% Apr 2032 NCD mature?

National Highways Authority of India 6.87% Apr 2032 NCD matures on 14 Apr 2032, 5.4 years from today.

What is National Highways Authority of India 6.87% Apr 2032 NCD rated?

National Highways Authority of India 6.87% Apr 2032 NCD is rated AAA by CRISIL (rating dated 31 Dec 2021).

Is National Highways Authority of India 6.87% Apr 2032 NCD secured?

National Highways Authority of India 6.87% Apr 2032 NCD is a secured bond.

Where does National Highways Authority of India 6.87% Apr 2032 NCD trade?

National Highways Authority of India 6.87% Apr 2032 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 2032

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 6.87%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE053F08163Indian Railway Finance Corporation LimitedAAA6.87%2032-04-14
INE040A08AD7HDFC Bank LimitedAAA NSDL record, 20236.88%2031-06-16
INE040A08781HDFC Bank LimitedAAA NSDL record, 20236.88%2031-09-24
INE053F08106Indian Railway Finance Corporation LimitedAAA6.89%2031-07-19
INE589A08043NLC India LimitedAAA6.85%2032-04-13
INE053F08122Indian Railway Finance Corporation LimitedAAA6.92%2031-08-31

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