National Housing Bank

National Housing Bank is an Indian company in the BFSI industry with 15 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 6.8% to 9.01% a year. Maturity dates run from 14 Jul 2027 to 17 Nov 2034. NSDL records 8 of the 15 whose terms it holds as secured. Latest credit ratings on record: CARE AAA (Stable) (action dated 12 Oct 2026); ICRA AAA (Stable) (action dated 31 Jul 2026); India Ratings AAA (Stable) (action dated 30 Jan 2026); CRISIL AAA (Stable) (action dated 26 Sep 2024). Verify current terms against the official documents linked on this page.

Data as of 15 Nov 2026 (snapshot 20261115-2253) · How this page is compiled

Issuer overview

Legal name
National Housing Bank
LEI
335800VCGSFY66W6IQ98
Company status
Active
Industry
BFSI
Business
Financial Institution
Ownership
Public Sector Undertaking (PSU)
ISIN issuer code
INE557F
Outstanding bonds (ISINs)
15 (plus 5 matured)
Stated coupons (fixed rate)
6.8% – 9.01%
Maturity dates
14 Jul 2027 – 17 Nov 2034
Secured (NSDL)
8 of 15
Combined issue size of outstanding bonds
₹30,959 crore
Traded on
BSE, NSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

National Housing Bank bonds: ISIN, coupon and maturity

15 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE557F08FY4 Bond (NCD) 7.59% Yearly 30 May 2024 14 Jul 2027 ₹1,00,000 4,000 Unsecured None recorded BSE, NSE CRISIL AAA 29 May 2024
INE557F08FZ1 Bond (NCD) 7.59% Yearly 20 Jun 2024 8 Sep 2027 ₹1,00,000 3,200 Unsecured None recorded BSE, NSE CRISIL AAA 29 May 2024
INE557F07090 Tax-free bond 8.63% Yearly 13 Jan 2014 13 Jan 2029 ₹5,000 407 Secured None recorded BSE, NSE CRISIL AAA 10 Dec 2013
INE557F07124 Tax-free bond 8.88% Yearly 13 Jan 2014 13 Jan 2029 ₹5,000 85.73 Secured None recorded NSE CRISIL AAA 10 Dec 2013
INE557F07157 Tax-free bond 8.68% Yearly 24 Mar 2014 24 Mar 2029 ₹5,000 422 Secured None recorded BSE, NSE CRISIL AAA 21 Feb 2013
INE557F07181 Tax-free bond 8.93% Yearly 24 Mar 2014 24 Mar 2029 ₹5,000 333 Secured None recorded BSE, NSE CRISIL AAA 21 Feb 2013
INE557F08GC8 Bond (NCD) 7.29% Yearly 27 Jan 2025 4 Jul 2031 ₹1,00,000 3,480 Unsecured None recorded BSE, NSE India Ratings AAA 30 Jan 2026
INE557F08GB0 Bond (NCD) 7.2% Yearly 19 Dec 2024 3 Oct 2031 ₹1,00,000 3,900 Unsecured None recorded NSE India Ratings AAA 30 Jan 2026
INE557F08GD6 Bond (NCD) 7.35% Yearly 28 Feb 2025 2 Jan 2032 ₹1,00,000 4,800 Unsecured None recorded NSE India Ratings AAA 30 Jan 2026
INE557F08GE4 Bond (NCD) 6.8% Yearly 25 Apr 2025 2 Apr 2032 ₹1,00,000 5,000 Unsecured None recorded NSE India Ratings AAA 30 Jan 2026
INE557F07108 Tax-free bond 8.76% Yearly 13 Jan 2014 13 Jan 2034 ₹5,000 713 Secured None recorded NSE CRISIL AAA 10 Dec 2013
INE557F07132 Tax-free bond 9.01% Yearly 13 Jan 2014 13 Jan 2034 ₹5,000 666 Secured None recorded NSE CRISIL AAA 10 Dec 2013
INE557F07165 Tax-free bond 8.65% Yearly 24 Mar 2014 24 Mar 2034 ₹5,000 73.56 Secured None recorded NSE CRISIL AAA 21 Feb 2013
INE557F07199 Tax-free bond 8.9% Yearly 24 Mar 2014 24 Mar 2034 ₹5,000 48.35 Secured None recorded NSE CRISIL AAA 21 Feb 2013
INE557F08GA2 Bond (NCD) 7.14% Yearly 19 Nov 2024 17 Nov 2034 ₹1,00,000 3,830 Unsecured None recorded NSE CRISIL AAA 26 Sep 2024
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

National Housing Bank credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
CARE AAA Stable Reaffirm 12 Oct 2026 15 Checked 7 Nov 2026
ICRA AAA Stable Reaffirm 31 Jul 2026 8 Checked 7 Nov 2026
India Ratings AAA Stable Reaffirm 30 Jan 2026 4 Verified by NSDL · Checked 7 Nov 2026
CRISIL AAA Stable New 26 Sep 2024 11 Verified by NSDL · Over 12 months old · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
12 Oct 2026 CARE AAA Stable Reaffirm
31 Jul 2026 ICRA AAA Stable Reaffirm
7 Jul 2026 CARE AAA Stable Reaffirm
1 Apr 2026 CARE AAA Stable Reaffirm
30 Jan 2026 India Ratings AAA Stable Reaffirm
16 Jan 2026 ICRA AAA Stable Reaffirm
26 Sep 2025 CARE AAA Stable Reaffirm
21 May 2025 CARE AAA Stable Reaffirm
28 Mar 2025 CARE AAA Stable Reaffirm
5 Feb 2025 India Ratings AAA Stable Reaffirm
21 Jan 2025 CARE AAA Stable Reaffirm
17 Jan 2025 ICRA AAA Stable Reaffirm
16 Jan 2025 CARE AAA Stable New
9 Dec 2024 India Ratings AAA Stable New
6 Dec 2024 CARE AAA Stable Reaffirm

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, ICRA, CARE, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
25 Apr 2023 INE557F08FQ0 5 May 2026 Placement memorandum on BSE
27 Feb 2023 INE557F08FO5 9 Mar 2026 Placement memorandum on BSE
25 Feb 2021 INE557F08FM9 2 Apr 2024 Placement memorandum on BSE
13 May 2020 INE557F08FJ5 15 May 2023 Placement memorandum on BSE
21 Jan 2020 INE557F08FH9 21 Jan 2025 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Company details

Date of incorporation
9 Jul 1988
Listed / unlisted
Unlisted
Registered office
Core 5-A, India Habitat Centre, Lodhi Road, New Delhi-110003
State
Delhi
Registrar of Companies
Delhi
Authorised capital
3,50,00,00,000
Paid-up capital
20,00,00,00,000

National Housing Bank bonds: questions and answers

What bonds has National Housing Bank issued?

National Housing Bank has 15 outstanding bonds recorded on this page. By type, as described by NSDL: 8 tax-free bond, 7 bond (ncd). 5 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of National Housing Bank bonds?

Its 15 outstanding bonds each have their own ISIN, for example INE557F08FY4, INE557F08FZ1, INE557F07090. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE557F.

What coupon rates do National Housing Bank bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 6.8% to 9.01% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do National Housing Bank bonds mature?

Its outstanding bonds have maturity dates from 14 Jul 2027 to 17 Nov 2034. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of National Housing Bank bonds?

NSDL India Bond Info records CARE AAA (Stable) (action dated 12 Oct 2026); ICRA AAA (Stable) (action dated 31 Jul 2026); India Ratings AAA (Stable) (action dated 30 Jan 2026); CRISIL AAA (Stable) (action dated 26 Sep 2024) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.

Are National Housing Bank bonds secured, unsecured or guaranteed?

NSDL records 8 of the 15 outstanding bonds whose terms it holds as secured and 7 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Where can investors find the original disclosure documents for National Housing Bank bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of National Housing Bank bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 15 Nov 2026 (snapshot 20261115-2253). Facts on this page last changed on 5 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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