Indel Money Jul ’28
How this yield compares
About this bond
Indel Money Jul ’28 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.2%. It pays a coupon of 12% and matures on 22 Jul 2028, a remaining tenure of about 2.0 yr. It is rated BBB+, a moderate credit-safety grade. BondScanner lists this bond with a minimum investment of ₹2.1L.
Its 11.2% yield is well above the market average, ranking 62nd of 193 Corporate bonds we list. That is 0.70 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 4.70 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 2.0 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its moderate safety (BBB+) 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 Indel Money (INE0BUS07BV9) at 9%, Indel Money (INE0BUS08047) at 13.15% and Indel Money (INE0BUS07CN4) at 11.5%.