GMR Airports
GMR Airports is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9%.
Data as of 20 Oct 2026
12% above face value
You pay ₹1,11,871 against a face value of ₹1,00,000, about 12% more. Some of that difference is normally interest accrued since the last coupon, but this bond’s payout frequency or coupon is missing from the platform data, so we cannot say how much. Treat the gap as unexplained and check the platform’s own figures before buying. Your capital at risk is the full ₹1,11,871.
How this yield compares
About this bond
GMR Airports 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 5% and matures on 13 Aug 2028, a remaining tenure of about 1.8 yr. It is rated AA-, a high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.1L.
Its 9% yield is solid for its risk band, toward the lower end at 244th of 319 Corporate bonds. That trails the Corporate median of 10.50% by 1.50 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.50%, so this bond adds roughly 2.50 points for taking on credit risk. Its short 1.8 yr horizon locks the rate for only a few years, limiting reinvestment risk. 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 GMR Airports (INE776C08083) at 8.25%, IIFL Samasta (INE413U08093) at 11.5% and IIFL Samasta (INE413U07426) at 11%.
Bond details
What you keep after tax
Interest on a listed corporate bond is added to your income and taxed at your slab, so the 9% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.8 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 9.00% | ₹1,16,930 |
| 5% slab | 8.55% | ₹1,16,056 |
| 20% slab | 7.20% | ₹1,13,449 |
| 30% slab | 6.30% | ₹1,11,727 |
At a 5% coupon, ₹1,00,000 of face value pays about ₹5,000 of interest a year, under the ₹10,000 Section 193 threshold, so no TDS is withheld.
Slab rates only - surcharge and cess are not included, and the figures assume you hold to maturity. Sold on the exchange after 12 months instead, the gain is taxed as long-term capital gains at 12.5%. Not tax advice.
Against a fixed deposit, in rupees
Same ₹1,00,000, same 1.8 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.
Bond figure compounds the yield annually; the FD compounds quarterly, as a cumulative bank FD does. Both are pre-tax and assume the bond is held to maturity and the issuer pays in full - the AA- credit risk is the reason for the gap.
