KOSAMATTAM FINANCE LIMITED
How this yield compares
About this bond
KOSAMATTAM FINANCE LIMITED is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.9%. It pays a coupon of 9.25% and matures on 27 May 2029, a remaining tenure of about 2.8 yr. It is rated A, an adequate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹971.
Its 10.9% yield is well above the market average, ranking 80th of 193 Corporate bonds we list. That edges 0.40 points past the Corporate median of 10.50%. Against a tenure-matched SBI fixed deposit (6.65%), it pays roughly 4.25 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 2.8 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 Kosamattam Finance (INE403Q08357) at 11.7%, Kosamattam Finance (INE403Q07FN3) at 8.5% and Kosamattam Finance (INE403Q07FE2) at 8%.