Security Name: 7.36% National Bank for Financing Infrastructure and Development 12 Aug 2044
ISIN:
INE0KUG08043
Taxable
Tax Category
12 Aug, 2044
Maturity Date
(19 Yr 3 Mo 3 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
13 Aug, 2024
Allotment Date
NA
Put Date
13 Aug, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
7.36%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
29 Jul, 2025
Record Date
YOUR EARNING
Your Investment
Quote Not Available
Final Payout
₹0
Payment Schedule(Date)
Interest Payout(₹)
Interest Payout(₹) Post TDS
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
National Bank for Financing Infrastructure and Development
The National Bank for Financing Infrastructure and Development (NaBFID) is a specialised Development Finance Institution in India aimed at supporting the country's infrastructure sector, which can significantly gain from an enabling credit flow by means of attractive instruments and channelized investment. NaBFID was set up in 2021, by an Act of the Parliament (The National Bank for Financing Infrastructure and Development Act, 2021), with the essential objectives of addressing the gaps in long-term non-recourse finance for infrastructure development, strengthening the development of bonds and derivatives markets in India, and sustainably boosting the country’s economy.
The ratio is 8.71x in FY24 and it was 0.76x in FY23. It indicates that the company’s debt is increased due to increase in borrowings and finance cost of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 2.24x and it was 319x in FY23. There is a decrease in debt servicing ability of the issuer due to increase in interest on borrowing and debt securities which led to an overall increase in finance cost in FY24.
Interest coverage ratio
Recent News
Financial institutions likely to run corpus to fund hi-tech companies
Apr 03, 2024 | National Bank for Financing Infrastructure and Development
Govt notifies NaBFID as a public financial institution under Companies Act
Sep 17, 2024 | National Bank for Financing Infrastructure and Development
NaBFID to set up India’s first data repository for infra sector
Jan 20, 2025 | National Bank for Financing Infrastructure and Development
Related Videos
Types of Bonds
Dive deep into this comprehensive guide on Types of Bonds
Credit Rating
Discover why credit ratings are the key to unlocking doors in the financial world.
STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Clean Price
Yield (YTM)
₹NaN
Principal Amount
₹NaN
Accrued Interest from Aug 13, 2024
Select the number of units below
BOND VALUE DETAILS
Face Value
₹1,00,000
Market Value
₹NaN
Stamp Duty
₹0
Select a Settlement Date:
Total Investment
Quote Not Available
| Cashflow for INE0KUG08043 |
|---|
| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
|---|
| Security Name |
|---|
| 7.36% National Bank for Financing Infrastructure and Development 12 Aug 2044 |
| Credit Rating |
|---|
| AAA Stable by CRISIL |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 7.360000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 12/08/2044 |
| Security |
|---|
| Unsecured |
| No. of Bonds |
|---|
| NaN |
| Settlement Date |
|---|
| May 13,2025 |
| Principal Amount |
|---|
| ₹NaN |
| Accrued Interest |
|---|
| ₹NaN |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹NaN |
| Price |
|---|
| ₹NaN |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
Quote Not Available for purchase
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
