National Highways Authority of India
Use your existing Broker. No new account. No KYC
48.84%
Yield
Tenure
2Y 4M 21D
Maturity Date
05 Feb 2029
Coupon Frequency
Annual
Face Value
₹2,000
Nature
Secured
Coupon Rate
8.75%
About the Issuer
NHAI was constituted under Section 3(1) of the National Highways Authority of India Act, 1988, and commenced operations in February 1995 to develop, maintain, and manage national highways across the country. It has been vested with executive powers for national highway development by the Ministry of Road Transport & Highways (MoRTH). As a government organization, NHAI operates under the complete ownership of the Government of India, receiving financial, operational, and policy support to carry out its road development initiatives. NHAI's mission is to meet the nation's need for provision and maintenance of national highway networks to world standards, within the strategic policy framework set by the GoI. The organization has a well-defined structure, managed by whole-time and part-time Board Members, with experienced full-time members individually overseeing finance, technical, and administrative functions. NHAI's core activities include planning, constructing, and upgrading highways and expressways. It manages toll roads, undertakes expressway projects, and raises funds through asset monetization and government support, while also deploying modern infrastructure solutions to enhance road safety, reduce travel time, and improve logistics efficiency. The authority benefits from continuous financial support, including grants and budgetary allocations, along with diversified funding sources such as investor partnerships. Over the years, NHAI has introduced innovative approaches to infrastructure development, sustaining steady progress in expanding and improving India's national highway network.
Coupon ladder
Payment schedule of interest and principal
₹9
₹57
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹88
₹1,030
Bond Trading History
Trading history isn’t available for this instrument yet.
Data as of 16-Sep-2026
