Muthoot Fincorp Dec ’31
How this yield compares
About this bond
Muthoot Fincorp Dec ’31 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.4%. It pays a coupon of 10.26% and matures on 30 Dec 2031, a remaining tenure of about 5.4 yr. It is rated AA, a high credit-safety grade. BondScanner lists this bond with a minimum investment of ₹1.0L.
Its 10.4% yield is well above the market average, sitting 113th of 193 comparable Corporate bonds. That lands just under the Corporate median of 10.50%. Against a tenure-matched SBI fixed deposit (6.55%), it pays roughly 3.85 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its medium 5.4 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 (INE549K07GX3) at 9.75% and Muthoot Fincorp (INE549K07HK8) at 9.25%.