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Instrument Details

ISIN: INE906B07GL9

Face value

₹10,00,000

Coupon rate

10 YR G SEC RATE LINKED

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

2060.2

Instrument Type

Bond

Returns

Linked to Markets

Date of Issue

02 Aug 2018

Maturity Date

08 Feb 2048

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA Ratings)

Call Option

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-II 8.4535 BD 02AG48 FVRS10LAC
National Highways Authority Of India, a Toll bridge operator company, has floated Bond, having ISIN value as INE906B07GL9, with a face value of ₹10,00,000 rs on 02Aug18 to raise 2060.2 crores. The debt instrument is issued with a coupon rate of 10 YR G SEC RATE LINKED and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Bond is 10 YRS G-SEC RATE LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE TAXABLE BONDS. SERIES II. DATE OF MATURITY 02/08/2048. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 08Aug18. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 29Mar18. 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
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Date Verified
29 May 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

10 YR G SEC RATE LINKED

Returns

Linked to Markets

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 INE906B07GL9 issued by National Highways Authority Of India

The instrument name of INE906B07GL9 ISIN is NATIONAL HIGHWAYS AUTHORITY OF INDIA SR-II 8.4535 BD 02AG48 FVRS10LAC.
The interest earned from INE906B07GL9 bond issued by National Highways Authority Of India is paid Annually, ensuring regular and consistent income for investors.
This INE906B07GL9 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.
The coupon rate of INE906B07GL9 bond issued by National Highways Authority Of India is 10 YR G SEC RATE LINKED.
The INE906B07GL9 Bond is issued by National Highways Authority Of India, a PSU company.
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