Aditya Birla Capital May ’35
How this yield compares
About this bond
Aditya Birla Capital May ’35 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8%. It pays a coupon of 8.03% and matures on 3 May 2035, a remaining tenure of about 8.8 yr. It is rated AAA, the highest credit-safety grade. BondScanner lists this bond with a minimum investment of ₹1.0L.
Its 8% yield is solid for its risk band, toward the lower end at 182nd of 193 Corporate bonds. That trails the Corporate median of 10.50% by 2.50 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 1.45 points for taking on credit risk. Its long 8.8 yr horizon locks in today's yield well into the future - useful if rates fall, a drag if they rise. Paired with its highest safety (AAA) 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 Aditya Birla Capital (INE674K07135) at 7.7%, Poonawalla Fincorp (INE511C07953) at 7.5% and Bajaj Finance (INE296A07TX5) at 7.25%.