High Yield | AAA Rated | Minimum Investment: 10k Only National Highway Infra Trust is issuing the Non-Convertible Debentures. These NCDs are AAA/Stable by ICRA and India Ratings and Research Limited. The NCDs are issued with staggered maturity ranging from 13 to 25 years. The coupon offered by this tranche of NCD is 7.9% and effective yield is 8.05%. The NCDs are secured and redeemable in nature. National Highways Infra Trust NCD issue – Oct-2022 Here are the issue details. Opening Date 17-Oct-22 Closure date 07-Nov-22 Security Type Secured, Redeemable and Converted NCDs Issue Size (Base) Rs 750 Crores Issue Size (Oversubscription) Rs 750 Crores Total Issue Size Rs 1,500 Crores Issue price Rs 1,000 per bond Face value Rs 1,000 per bond Minimum Lot size 10 bonds and 1 bond there after Tenure 13 to 25 years Interest Payment frequency Semi-Annually Listing on Within 6 working days on BSE/NSE These are allotted on first come first serve basis. Hence the issue can be closed before this