Lloyds Metals and Energy Jan ’31
How this yield compares
About this bond
Lloyds Metals and Energy Jan ’31 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.9%. It pays a coupon of 9.2% and matures on 29 Jan 2031, a remaining tenure of about 4.5 yr. It is rated AA, a high credit-safety grade. BondScanner lists this bond with a minimum investment of ₹1.0L.
Its 8.9% yield is solid for its risk band, toward the lower end at 160th of 193 Corporate bonds. That trails the Corporate median of 10.50% by 1.60 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 2.35 points for taking on credit risk. Its medium 4.5 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 Muthoot Fincorp (INE549K08590) at 10.5%, Muthoot Fincorp (INE549K08632) at 10.4% and Paisalo (INE420C07189) at 10.25%.