Greaves Finance
How this yield compares
About this bond
Greaves Finance is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.5%. It pays a coupon of 10.5% and matures on 26 May 2028, a remaining tenure of about 1.8 yr. It is rated A-, an adequate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.
Its 10.5% yield is well above the market average, sitting 97th of 193 comparable Corporate bonds. That lands just under the Corporate median of 10.50%. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 4.00 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.8 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 Vedika Credit Capital (INE04HY08011) at 13.8%, Lucina Land (INE0JZO07040) at 13.2% and Indel Money (INE0BUS08047) at 13.15%.