RightBonds Fixed Income, Simplified

G-Sec Apr ’30

IN0020230036 Corporate SOV Matures Apr 2030

G-Sec Apr ’30 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 6.5%.

Data as of 11 Sept 2026

Yield to Maturity (YTM)
6.5%
Annualised return if held to maturity · 17 Apr 2030
−0.0% vs bank FD
Coupon Rate
7.17%
Paid periodically
Maturity
17 Apr 2030
Principal returned
Tenure
3.6 yr
Remaining
Min. Invest
₹105
Min. ticket
Return
₹27
Est. pre-tax

How this yield compares

This bondG-Sec Apr ’30
6.5%
Category avgCorporate
10.3%
Fixed Deposit3.6 yr tenure
6.55%

At 6.5% YTM, this bond yields about 0.0 percentage points less than a tenure-matched fixed deposit (6.55%) and sits below the Corporate average - reflecting the credit profile of a SOV issuer.

About this bond

G-Sec Apr ’30 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 6.5%. It pays a coupon of 7.17% and matures on 17 Apr 2030, a remaining tenure of about 3.6 yr. It is rated SOV, a sovereign instrument carrying the credit of the Government of India. BondScanner lists this bond with a minimum investment of ₹105.

Its 6.5% yield is on the conservative side, toward the lower end at 265th of 265 Corporate bonds. That trails the Corporate median of 10.50% by 4.00 points, so the trade-off is lower yield for whatever else this issuer offers. Notably, a tenure-matched SBI fixed deposit (6.55%) actually yields about 0.05 points more, so the case here rests on factors other than raw yield. Its medium 3.6 yr horizon balances rate lock-in against flexibility. Paired with its highest safety (SOV) rating, that leans toward the safety-first end. Compare it against similar bonds on RightBonds before investing.

Investors comparing this bond often also look at Regency Fincorp (INE964R07135) at 14.5%, Orange Retail Finance (INE786X07BM8) at 14.5% and Unifinz Capital India (INE926R07050) at 14.25%.

Bond details

IssuerG-Sec Apr ’30
Credit RatingSOV
CategoryCorporate
Coupon Rate7.17%
Yield to Maturity6.5%
Maturity Date17 Apr 2030
Listed onBondScanner
Minimum Investment₹105
Face Value₹100
Return₹27
ISININ0020230036

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 6.5% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 3.6 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 6.50% ₹1,25,420
5% slab 6.17% ₹1,24,049
20% slab 5.20% ₹1,20,001
30% slab 4.55% ₹1,17,355

At a 7.17% coupon, ₹1,00,000 of face value pays about ₹7,170 of interest a year, under the ₹10,000 Section 193 threshold, so no TDS is withheld.

Slab rates only - surcharge and cess are not included, and the figures assume you hold to maturity. Sold on the exchange after 12 months instead, the gain is taxed as long-term capital gains at 12.5%. Not tax advice.

Against a fixed deposit, in rupees

Same ₹1,00,000, same 3.6 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.55%.

This bond at 6.5%₹1,25,420
Fixed deposit at 6.55%₹1,26,323
Difference−₹903

Bond figure compounds the yield annually; the FD compounds quarterly, as a cumulative bank FD does. Both are pre-tax and assume the bond is held to maturity and the issuer pays in full - the SOV credit risk is the reason for the gap.

When you get paid

Interest lands twice a year, in Apr, Oct, with about 8 payments still to come before 17 Apr 2030, each at the 7.17% coupon rate.

Payment months come from the issuer's schedule. Exact dates within the month, and the amount per payment, depend on the face value of the units you buy - check the term sheet on BondScanner before investing.