Housing and Urban Development Corporation
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 5.25%.
Data as of 4 Nov 2026
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 5.25%. It pays a coupon of 8.76% and matures on 25 Oct 2028, a remaining tenure of about 2.0 yr. It is rated AAA, the highest credit-safety grade. GripInvest lists this bond with a minimum investment of ₹1K.
Its 5.25% yield is on the conservative side, toward the lower end at 318th of 318 Corporate bonds. That trails the Corporate median of 10.50% by 5.25 points, so the trade-off is lower yield for whatever else this issuer offers. Notably, a tenure-matched SBI fixed deposit (6.50%) actually yields about 1.25 points more, so the case here rests on factors other than raw yield. Its short 2.0 yr 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 Jio Credit (INE282H07125) at 8.15%, Bajaj Finance (INE296A07UC7) at 7.85% and TATA CAPITAL (INE976I07DH2) at 7.85%.
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 5.25% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 2.0 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 5.25% | ₹1,10,625 |
| 5% slab | 4.99% | ₹1,10,081 |
| 20% slab | 4.20% | ₹1,08,458 |
| 30% slab | 3.67% | ₹1,07,382 |
At a 8.76% coupon, ₹1,00,000 of face value pays about ₹8,760 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 2.0 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.
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.
