Hinduja Leyland Dec ’32
How this yield compares
About this bond
Hinduja Leyland Dec ’32 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.05%. It pays a coupon of 9.3% and matures on 13 Dec 2032, a remaining tenure of about 6.4 yr. It is rated AA+, a very high credit-safety grade. BondScanner lists this bond with a minimum investment of ₹1.0L.
Its 9.05% yield is solid for its risk band, toward the lower end at 153rd of 193 Corporate bonds. That trails the Corporate median of 10.50% by 1.45 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.55%, so this bond adds roughly 2.50 points for taking on credit risk. Its medium 6.4 yr horizon balances rate lock-in against flexibility. Paired with its very high safety (AA+) 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 Hinduja Leyland (INE146O07540) at 8.1%, CAPRI GLOBAL CAPITAL (INE180C07171) at 9.15% and Sammaan Capital (INE148I07UE9) at 9%.