Progfin
How this yield compares
About this bond
Progfin is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11%. It pays a coupon of 11% and matures on 30 Jul 2027, a remaining tenure of about 1.0 yr. It is rated BBB+, a moderate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹10K.
Its 11% yield is well above the market average, ranking 70th of 193 Corporate bonds we list. That is 0.50 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 4.50 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.0 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 Progfin (INE0MYJ07161) at 11.75%, Keertana Finserv (INE0NES07303) at 14.05% and Keertana Finserv (INE0NES07329) at 13.55%.