Security Name: 7.70% National Bank For Agriculture And Rural Development 30 Sep 2027
ISIN:
INE261F08EI9
Taxable
Tax Category
30 Sep, 2027
Maturity Date
(2 Yr 2 Mo 15 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
21 May, 2024
Allotment Date
NA
Put Date
30 Sep, 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
₹NaN
Dirty Price
7.7%
Coupon
Fixed Interest
Coupon Basis
7.5828%
Current Yield
15 Sep, 2025
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*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 Agriculture And Rural Development
NABARD is the apex agricultural development bank, which was set up under an Act of Parliament in 1982 for the development and flow of credit to agriculture, small-scale industries, cottage and village industries, the rural sector, handicrafts and other rural crafts. It also frames policies and guidelines for rural financial institutions and provides financial assistance to various issuing financial institutions and banks through refinancing.
The ratio in FY24 is 4.47x and it was 4.44x in FY23, indicating slight increase in the debt level due to increase in the borrowings as well as finance cost of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.22x and it was 1.22x in FY23, indicating no changes in the debt servicing ability of the issuer .
Interest coverage ratio
Recent News
President Murmu launches NABARD Programmes
Jun 01, 2023 | National Bank For Agriculture And Rural Development
Seminar on “Harnessing Opportunities: NABARD Transforming AgriLandscape
Mar 27, 2024 | National Bank For Agriculture And Rural Development
Cooperative banks expected to be digitised by March 2025: Nabard chairman
Nov 27, 2024 | National Bank For Agriculture And Rural Development
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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.
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BOND VALUE DETAILS
Face Value
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Stamp Duty
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Total Investment
| Cashflow for INE261F08EI9 |
|---|
| 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 |
|---|
| 7.70% National Bank For Agriculture And Rural Development 30 Sep 2027 |
| Credit Rating |
|---|
| AAA Stable by ICRA |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 7.700000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 30/09/2027 |
| Security |
|---|
| Senior Unsecured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Jul 15,2025 |
| Principal Amount |
|---|
| ₹1,01,545.5 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,01,545.5 |
| Price |
|---|
| ₹101.5455 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
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.
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