Indel Money Jan ’29
How this yield compares
About this bond
Indel Money Jan ’29 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.15%. It pays a coupon of 11% and matures on 22 Jan 2029, a remaining tenure of about 2.5 yr. It is rated A-, an adequate credit-safety grade. BondScanner lists this bond with a minimum investment of ₹1.0L.
Its 11.15% yield is well above the market average, ranking 64th of 193 Corporate bonds we list. That is 0.65 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.65%), it pays roughly 4.50 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 2.5 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its high safety (A-) 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 (INE0BUS08047) at 13.15%, Indel Money (INE0BUS07CN4) at 11.5% and Indel Money (INE0BUS07CK0) at 11.4%.