Description

Two new debt securities issued by NBFID listed on BSE Debt segment with tenors of 10 and 20 years, carrying interest rates of 6.86% and 7.15% respectively.

Summary

BSE has listed two new debt securities issued by National Bank for Financing Infrastructure and Development (NBFID) on private placement basis, effective November 17, 2025. The securities comprise a 10-year bond (ISIN: INE0KUG08100) with 6.86% interest rate and a 20-year bond (ISIN: INE0KUG08118) with 7.15% interest rate, both rated AAA by CRISIL and ICRA.

Key Points

  • Two debt securities listed on BSE Debt segment effective November 17, 2025
  • Security 1: 166,000 units of 10-year bonds maturing November 13, 2030 (Scrip Code: 977294)
  • Security 2: 246,000 units of 20-year bonds maturing November 13, 2040 (Scrip Code: 977295)
  • Both securities carry AAA credit ratings from CRISIL and ICRA with Stable outlook
  • Face value and issue price of Rs. 100,000 per unit for both securities
  • Annual interest payment frequency for both securities
  • Securities tradable only in dematerialized form with tick size of 1 paise
  • Market lot size: 1 unit for both securities

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • Clarifications can be sought from BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: November 13, 2025
  • Listing Date: November 17, 2025
  • Interest Payment: Annually
  • Redemption Date (10-year bond): November 13, 2030
  • Redemption Date (20-year bond): November 13, 2040

Security Details

Security 1 (10-Year Bond)

  • Scrip Code: 977294
  • Scrip ID: 686NBFID30
  • Detail Name: NBFIL-6.86%-13-11-30-PVT
  • ISIN: INE0KUG08100
  • Quantity: 166,000 units
  • Rate of Interest: 6.86% p.a.
  • Tenure: 5 years (2025-2030)

Security 2 (20-Year Bond)

  • Scrip Code: 977295
  • Scrip ID: 715NBFID40
  • Detail Name: NBFID-7.15%-13-11-40-PVT
  • ISIN: INE0KUG08118
  • Quantity: 246,000 units
  • Rate of Interest: 7.15% p.a.
  • Tenure: 15 years (2025-2040)

Impact Assessment

This listing has minimal market impact as it pertains to privately placed debt securities with institutional investor participation. The AAA credit ratings indicate high creditworthiness of NBFID. The securities provide investment options for debt market participants seeking long-duration infrastructure finance paper. Trading members can facilitate transactions in these securities through the BSE Debt segment. No put/call options are available on either security.

Impact Justification

Routine listing of debt securities on private placement basis with no immediate impact on equity markets or trading members' operations