Correction-SRTRANSFIN-ND and SRTRANSFIN-NC are available at 13.25% yield with current market prices of 939 and 942 respectively.
Also note 40% of these NCD to be redeemed on 01-Jun-2013. 40% to be redeemed on 01-Jun-2014. 20% to be redeemed on 01-Jun-2015. R J, have you factored that in your calculation
NHAI differs from SBI, first the post tax yield is higher than SBI for 30% band tax payers in NHAI bonds (>2%). Secondly these bonds are better than PPF as PPF rates are likely to go down in coming years.