Muthoot Fincorp Dec ’32
How this yield compares
About this bond
Muthoot Fincorp Dec ’32 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 10.45% and matures on 23 Dec 2032, a remaining tenure of about 6.4 yr. It is rated AA, a high credit-safety grade. BondScanner lists this bond with a minimum investment of ₹1.0L.
Its 10.5% yield is well above the market average, sitting 95th of 185 comparable Corporate bonds. That lands just under the Corporate median of 10.60%. Against a tenure-matched SBI fixed deposit (6.55%), it pays roughly 3.95 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. 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 Muthoot Fincorp (INE549K08590) at 10.5%, Muthoot Fincorp (INE549K08632) at 10.4% and Muthoot Fincorp (INE549K07HK8) at 9.25%.