Security Name: 8.22% National Bank For Agriculture And Rural Development 13 Dec 2028
ISIN:
INE261F08AV0
Taxable
Tax Category
13 Dec, 2028
Maturity Date
(3 Yr 11 Mo 16 D to mature)
Half Yearly
Interest Payment Frequency
No
NRI Eligibility
13 Dec, 2018
Allotment Date
NA
Put Date
13 Jun, 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
8.22%
Coupon
Fixed Interest
Coupon Basis
NaN%
Current Yield
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
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Bank Account Proof
Aadhaar Card
Demat Account Proof
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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
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Total Investment
| Cashflow for INE261F08AV0 |
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| 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). |
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| Security Name |
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| 8.22% National Bank For Agriculture And Rural Development 13 Dec 2028 |
| Credit Rating |
|---|
| AAA Stable by IND AAA Stable by CRISIL |
| Coupon Frequency |
|---|
| Half Yearly |
| Face Value |
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| ₹10,00,000 |
| Coupon |
|---|
| 8.220000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 13/12/2028 |
| Security |
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| Senior Unsecured |
| No. of Bonds |
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| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹NaN |
| Stamp Duty |
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| ₹0 |
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| ₹NaN |
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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.
