Aye Finance
How this yield compares
About this bond
Aye Finance is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9%. It pays a coupon of 10.5% and matures on 30 Apr 2027, a remaining tenure of about 9 mo. It is rated A+, an adequate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.
Its 9% yield is solid for its risk band, toward the lower end at 138th of 170 Corporate bonds. That trails the Corporate median of 10.75% by 1.75 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.15%, so this bond adds roughly 2.85 points for taking on credit risk. Its short 9 mo 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 Aye Finance (INE501X07711) at 10.6%, Aye Finance (INE501X07729) at 10.15% and Mangalam (INE0JYY07026) at 11.05%.