The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE906B07EJ8

Face value

₹1,000

Coupon rate

7.60%

Payment

Annually

Tax Type

Tax-Free

Issue Size (Cr)

2675.2627

Instrument Type

Bond

Returns

Medium

Date of Issue

11 Jan 2016

Maturity Date

01 Nov 2031

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

NATIONAL HIGHWAYS AUTHORITY OF INDIA SR IIB 7.6 BD 11JN31 FVRS1000
National Highways Authority Of India, a Toll bridge operator company, has floated Bond, having ISIN value as INE906B07EJ8, with a face value of ₹1,000 rs on 11Jan16 to raise 2675.2627 crores. The debt instrument is issued with a coupon rate of 7.60% and its interest is paid Annually. The returns are Tax-Free Under Section 10(15)(iv)(h). As per the filings, the long description of this Secured Bond is 7.6% SECURED REDEEMABLE TAX FREE NON CONVERTIBLE BONDS IN TEH NATURE OF DEBENTURES. SERIES IIB. DATE OF MATURITY 11/01/2031. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 14Jan16 & on BSE stock exchange on 14Jan16. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 01Apr20. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
check
Date Verified
30 May 2023
check
Outlook
Stable
logo
Seniority in Repayment
Senior
logo
Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
11-Jan-16 : Your investment
₹7,600
11-Jan-17 : Interest
₹7,600
11-Jan-18 : Interest
₹7,600
11-Jan-19 : Interest
₹7,600
11-Jan-20 : Interest
₹7,600
11-Jan-21 : Interest
₹7,600
11-Jan-22 : Interest
₹7,600
11-Jan-23 : Interest
₹7,600
11-Jan-24 : Interest
₹7,600
11-Jan-25 : Interest
₹7,600
11-Jan-26 : Interest
₹7,600
11-Jan-27 : Interest
₹7,600
11-Jan-28 : Interest
₹7,600
11-Jan-29 : Interest
₹7,600
11-Jan-30 : Interest
₹7,600
11-Jan-31 : Interest
₹6,204
01-Nov-31 : Interest
₹2,20,204
01-Nov-31 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹1,20,204)

Summary

Instrument Attributes

Value

Coupon Rate

7.60%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Toll bridge operator
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Services
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE906B07EJ8 issued by National Highways Authority Of India

The instrument name of INE906B07EJ8 ISIN is NATIONAL HIGHWAYS AUTHORITY OF INDIA SR IIB 7.6 BD 11JN31 FVRS1000.
The interest earned from INE906B07EJ8 bond issued by National Highways Authority Of India is paid Annually, ensuring regular and consistent income for investors.
This INE906B07EJ8 bond issued by National Highways Authority Of India has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 7.6%, which determines the periodic interest payments made to bondholders.
The INE906B07EJ8 Bond is issued by National Highways Authority Of India, a PSU company.
People

Generate higher returns than NHAI bonds

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow