Visit Grip Invest

National Insurance Company Limited 8.35% 2027 Bond

ISININE168X08014

NATIONAL INSURANCE COMPANY LIMITED SR-I 8.35 NCD 26MR27 FVRS10LAC

National Insurance Company Limited is a public-sector (PSU) issuer in the Finance sector. This directory lists 1 of its bond.

Key terms

Issue date
27 Mar 2017
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement
Series
I/NIC/NCD/2016-17
Sector
Finance
Issuer type
PSU

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

ICRA A+ / StableCRISIL A+ / Negative

A+most conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

A-grade bonds are judged to have adequate-to-strong repayment capacity, but they are somewhat more exposed to adverse business or economic conditions than higher-rated bonds. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: ICRA A+/Stable;CRISIL A+/Negative

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 8.24% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 26 Mar 2027; final payment ₹10,83,500 per bond.

Loading the calculator…

Available on Grip

Want to invest? These bonds are available on Grip

This bond is not on Grip, but these investment-grade bonds are, ranked by how closely they match it on rating, then maturity and yield. Open any one to invest. Bonds carry credit, interest-rate and liquidity risk.

From the same issuer first (nearest maturity), then bonds with the same canonical grade maturing within two years of this one.

See bonds available on Grip →