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 8.25%.
Data as of 26 Oct 2026
10% above face value
You pay ₹1,09,701 against a face value of ₹1,00,000, about 10% more. This bond pays no periodic interest, so the difference is interest that has accrued since issue and is returned to you at maturity. It is not a premium or a loss. Two things worth weighing: your capital at risk is the full ₹1,09,701, not the face value, and you receive no income until maturity.
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 8.25%. It pays a coupon of 5% and matures on 13 Feb 2027, a remaining tenure of about 4 mo. It is rated AA-, a high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.1L.
Its 8.25% yield is solid for its risk band, toward the lower end at 280th of 315 Corporate bonds. That trails the Corporate median of 10.40% by 2.15 points, so the trade-off is lower yield for whatever else this issuer offers. Against a tenure-matched SBI fixed deposit (5.15%), it pays roughly 3.10 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 4 mo 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 (INE776C08075) at 9%, 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 8.25% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 4 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 8.25% | ₹1,02,415 |
| 5% slab | 7.84% | ₹1,02,297 |
| 20% slab | 6.60% | ₹1,01,942 |
| 30% slab | 5.77% | ₹1,01,704 |
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 0.3 years, one in this bond and one in a tenure-matched SBI fixed deposit at 5.15%.
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.
