N

National Highways Authority… 6.87% Apr 2032 NCD

AAA Secured NCD

National Highways Authority Of India

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2032

Current YTM
No live YTM available
Coupon Rate
6.87%
Per annum
Maturity Date
14 Apr 2032
5.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~6.87%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+0 bps
vs 5.6Y G-Sec at 6.87% *
Below the median spread for similar-tenor peers
Tenure
5.6 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
22 Dec 2026
Interest Payment
₹68,700.00 / Bond
22 Dec 2027
Interest Payment
₹68,700.00 / Bond
22 Dec 2028
Interest Payment
₹68,700.00 / Bond
22 Dec 2029
Interest Payment
₹68,700.00 / Bond
22 Dec 2030
Interest Payment
₹68,700.00 / Bond
22 Dec 2031
Interest Payment
₹68,700.00 / Bond
14 Apr 2032
Principal Payment
₹1,000,000.00 / Bond

Next 6 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2021-12-22 Matures 2032-04-14
Key Metrics
Coupon Rate
6.87%
YTM (Annual)
Credit Rating
AAA
(CRISIL)
Remaining Tenure
5.6 Years
Advanced metrics
Modified Duration
4.44 Yrs
Macaulay Duration
4.74 Yrs
Issue Size
₹1,180 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
4.44 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 3.13 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
2021-12-22
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

NHAI-6.87%-14-04-32-PVT is a secured, rated, redeemable ncd issued by National Highways Authority Of India. The bond offers a fixed coupon of 6.87% p.a. with annual interest payments and repays principal on maturity.

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 trades recorded — YTM figures use the coupon rate as a proxy.
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… 6.87% Apr 2032 NCD?

National Highways Authority… 6.87% Apr 2032 NCD carries a coupon of 6.87%, paid annual, on a face value of ₹1,000,000.

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

National Highways Authority… 6.87% Apr 2032 NCD matures on 2032-04-14, 5.6 years from today.

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

National Highways Authority… 6.87% Apr 2032 NCD is rated AAA by CRISIL and AAA by INDIA_RATINGS. As of 2021-12-31.

Is National Highways Authority… 6.87% Apr 2032 NCD secured?

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

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

National Highways Authority… 6.87% Apr 2032 NCD is listed on BSE.

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