It has matured, sold out, or been delisted from the platforms we track, last seen on 29 Jun 2026. The details below are kept as a record of the issue. Compare bonds available now →
Housing and Urban Development Corporation
How this yield compares
About this bond
Housing and Urban Development Corporation is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 5.35%. It pays a coupon of 8.2% and matures on 5 Mar 2027, a remaining tenure of about 7 mo. It is rated AAA, the highest credit-safety grade. GripInvest lists this bond with a minimum investment of ₹1K.
Its 5.35% yield is on the conservative side, toward the lower end at 176th of 175 Corporate bonds. That trails the Corporate median of 10.75% by 5.40 points, so the trade-off is lower yield for whatever else this issuer offers. Notably, a tenure-matched SBI fixed deposit (6.15%) actually yields about 0.80 points more, so the case here rests on factors other than raw yield. Its short 7 mo horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its highest safety (AAA) 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 Aditya Birla Capital (INE674K08083) at 8.12%, Aditya Birla Capital (INE674K08018) at 8% and Poonawalla Fincorp (INE511C07953) at 7.5%.
Bond details
What you keep after tax
Interest on a listed corporate bond is added to your income and taxed at your slab, so the 5.35% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 7 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 5.35% | ₹1,03,136 |
| 5% slab | 5.08% | ₹1,02,981 |
| 20% slab | 4.28% | ₹1,02,514 |
| 30% slab | 3.74% | ₹1,02,202 |
At a 8.2% coupon, ₹1,00,000 of face value pays about ₹8,200 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 0.6 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.15%.
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 AAA credit risk is the reason for the gap.