NABKISAN lists India's first WASH-focused Social Bond on NSE, raises Rs 180 crore
NABKISAN Finance, a NABARD subsidiary, listed India's first Social Bond dedicated to water, sanitation and hygiene (WASH) on the NSE on 1 October 2026 (announced 3 October), raising Rs 180 crore.
Summary
NABKISAN Finance Limited, a subsidiary of NABARD, listed India's first Social Bond exclusively for the Water, Sanitation and Hygiene (WASH) sector on the National Stock Exchange, Mumbai, on 1 October 2026. The issue was oversubscribed 1.8 times and raised Rs 180 crore. The five-year bond carries an 8.10% coupon, matures in September 2031 and is rated CRISIL AAA (Stable) and CARE AAA (Stable). Proceeds will fund safe water, sanitation and hygiene solutions in rural and underserved communities; Water.org was the technical advisor and knowledge partner.
Key facts
- Issuer
- NABKISAN Finance Limited (NABARD subsidiary)
- First
- India's first Social Bond dedicated to WASH
- Amount
- Rs 180 crore; oversubscribed 1.8 times
- Terms
- Five years, 8.10% coupon, matures September 2031
- Ratings
- CRISIL AAA (Stable) and CARE AAA (Stable)
- Listed on
- NSE, Mumbai (1 October 2026)
Practice MCQs 3 questions
NABKISAN Finance listed India's first Social Bond dedicated exclusively to which sector?
Show answer
Correct answer: C — Water, sanitation and hygiene (WASH)
How much did NABKISAN raise through its WASH Social Bond, which was oversubscribed 1.8 times?
Show answer
Correct answer: B — Rs 180 crore
What coupon rate does the five-year NABKISAN WASH Social Bond carry?
Show answer
Correct answer: D — 8.10%