Instrument Details

ISIN: INE906B07JB4

Face value

₹10,00,000

Coupon rate

7.12%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

3940.7

Instrument Type

Bond

Returns

Medium

Date of Issue

14 Mar 2022

Maturity Date

14 Mar 2037

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

None

Guarantee Type

Non Convertible

About this Bond

NATIONAL HIGHWAYS AUTHORITY OF INDIA SR IV 7.12 BD 14MR37 FVRS10LAC
National Highways Authority Of India, a Toll bridge operator company, has floated Bond, having ISIN value as INE906B07JB4, with a face value of ₹10,00,000 rs on 14Mar22 to raise 3940.7 crores. The debt instrument is issued with a coupon rate of 7.12% 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 7.12% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES. SERIES IV. DATE OF MATURITY 14/03/2037. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 15Mar22. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 31Mar21. 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
None
logo
Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
14-Mar-22 : Your investment
₹71,20,000
14-Mar-23 : Interest
₹71,20,000
14-Mar-24 : Interest
₹71,20,000
14-Mar-25 : Interest
₹71,20,000
14-Mar-26 : Interest
₹71,20,000
14-Mar-27 : Interest
₹71,20,000
14-Mar-28 : Interest
₹71,20,000
14-Mar-29 : Interest
₹71,20,000
14-Mar-30 : Interest
₹71,20,000
14-Mar-31 : Interest
₹71,20,000
14-Mar-32 : Interest
₹71,20,000
14-Mar-33 : Interest
₹71,20,000
14-Mar-34 : Interest
₹71,20,000
14-Mar-35 : Interest
₹71,20,000
14-Mar-36 : Interest
₹71,20,000
14-Mar-37 : Interest
₹20,68,00,000
14-Mar-37 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹10,68,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.12%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

None

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 INE906B07JB4 issued by National Highways Authority Of India

The instrument name of INE906B07JB4 ISIN is NATIONAL HIGHWAYS AUTHORITY OF INDIA SR IV 7.12 BD 14MR37 FVRS10LAC.
The interest earned from INE906B07JB4 bond issued by National Highways Authority Of India is paid Annually, ensuring regular and consistent income for investors.
This INE906B07JB4 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 7.12%, which determines the periodic interest payments made to bondholders.
The INE906B07JB4 Bond is issued by National Highways Authority Of India, a PSU company.