NHAI 7.35% 2031
National Highways Authority of India
ISIN: INE134E08KD5 · BSE
CRISIL/ICRA
Coupon Rate
7.35%
Annual
Yield (YTM)
7.42%
Yield to Maturity
Current Price
₹998.5
Face ₹1,000
Maturity Date
25 Jul 2031
3-5 yrs
Updated: 13 Jul 2026 05:00 IST
TopFund Analysis
At 7.42% yield to maturity, this bond is roughly in line with the 11 other PSU bonds in the 3-5 yrs maturity bracket, which average 7.35%. AAA is the highest domestic credit rating a corporate/PSU bond can carry, indicating the lowest relative default risk in that category for National Highways Authority of India — though "lowest relative risk" isn't "zero risk," especially over its remaining 4.8 years. On a face value of ₹1000, the 7.35% coupon works out to roughly ₹73.5 a year, paid annually — before any tax on that income.
Annual Income Estimator
Annual Interest Income
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Post-Tax (30% slab)
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* Based on coupon rate of 7.35%. Actual returns may vary based on purchase price.
Bond Details
ISIN
INE134E08KD5
Issuer
National Highways Authority of India
Bond Type
PSU
Face Value
₹1,000
Issue Date
25 Jul 2021
Maturity Date
25 Jul 2031
Coupon Rate
7.35% p.a.
Payment Frequency
Annual
Exchange
BSE
Min Investment
₹10,000
Credit Rating
AAA (CRISIL/ICRA)
Tax Status
Taxable
Secured
Yes
Status
Active
About this Bond
NHAI bonds backed by Government of India. Highest safety rating. Popular with retail investors.
More PSU Bonds
Frequently Asked Questions about NHAI 7.35% 2031
NHAI 7.35% 2031 has a yield to maturity (YTM) of 7.42%, with a coupon rate of 7.35% p.a., maturing July 2031.
NHAI 7.35% 2031 is rated AAA by CRISIL/ICRA, issued by National Highways Authority of India.
The minimum investment for NHAI 7.35% 2031 is ₹10,000. Interest earned is taxable at your income slab rate.
NHAI 7.35% 2031 pays interest annual, at a coupon rate of 7.35% per annum on the face value of ₹1,000.
NHAI 7.35% 2031 is a secured bond rated AAA by CRISIL/ICRA, the highest safety rating. Secured bonds are backed by specific collateral, reducing default risk relative to unsecured debt. Credit ratings can change over the bond's tenure — always check the latest rating before investing.
Bond data is for informational purposes only. Prices and yields are indicative. TopFund is not SEBI-registered. Consult a registered advisor before investing.
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