National Highways Authority of India 2048 Bond

ISININE906B07GK1

NATIONAL HIGHWAYS AUTHORITY OF INDIA SR-1 BR BD 28JU48 FVRS10LAC

National Highways Authority of India is a public-sector (PSU) issuer in the Toll bridge operator sector. This directory lists 71 of its bonds.

Key terms

Issue date
28 Jun 2018
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
SERIES 1
Sector
Toll bridge operator
Issuer type
PSU

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

What the rating means

India Ratings AAA / StableCARE AAA / StableCRISIL AAA / StableICRA AAA / Stable

AAAmost 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.

AAA is the highest rating an Indian agency assigns. It signals the strongest assessed capacity to pay interest and principal on time: the agency sees the risk of default as the lowest it recognises. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: IND AAA/Stable;CARE AAA/Stable;CRISIL AAA/Stable;ICRA AAA/Stable

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

Price, yield & cashflows

The bond's coupon rate is not disclosed in our data.

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