Midland
Midland is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.35%.
Data as of 27 Oct 2026
How this yield compares
About this bond
Midland is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.35%. It pays a coupon of 10.75% and matures on 27 Nov 2027, a remaining tenure of about 1.1 yr. It is rated A-, an adequate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹100K.
Its 11.35% yield is well above the market average, ranking 83rd of 328 Corporate bonds we list. That is 0.85 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 4.85 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.1 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its high safety (A-) 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 Midland (INE884Q07855) at 11.25%, Hella Infra Market Retail (INE0P6G07194) at 16.2% and Hella Infra Market (INE06E507579) at 16.05%.
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 11.35% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.1 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 11.35% | ₹1,12,359 |
| 5% slab | 10.78% | ₹1,11,739 |
| 20% slab | 9.08% | ₹1,09,879 |
| 30% slab | 7.94% | ₹1,08,640 |
At a 10.75% coupon, ₹1,00,000 of face value pays about ₹10,750 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,075 a year is withheld as TDS - adjustable against your final liability, not an extra tax.
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 1.1 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 A- credit risk is the reason for the gap.
