Bond Details
NHAI Tax-Free Bond (INE906B07DF8)
| Price | ₹1,096.36 [1.4.6] |
| Yield (YTM) | 5.98% (Tax-free yield) [1.4.6] |
| Coupon | 8.75% (Paid annually) [1.4.1, 1.4.6] |
| Rating & Maturity | AAA (CRISIL); Matures on 05-Feb-2029 [1.4.1, 1.4.6] |
| Issuer Details | National Highways Authority of India, an autonomous government body managing national highways. |
| Risk Explanation | ✔ Regulatory Risk: Tax-free status is protected under Section 10(15)(iv)(h) [1.4.1]. ✔ Call Risk: Some tax-free bonds have call options where the issuer can repay early. |