Midland
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 12.1%. It pays a coupon of 10.75% and matures on 27 Nov 2027, a remaining tenure of about 1.3 yr. It is rated A-, an adequate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹99K.
Its 12.1% yield is well above the market average, placing it 32nd of the 193 Corporate bonds on RightBonds - firmly in the top tier. That is 1.60 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 5.60 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.3 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its high safety (A-) rating, that is a higher-yield, higher-risk profile. Compare it against similar bonds on RightBonds before investing.
Investors comparing this bond often also look at Vedika Credit Capital (INE04HY08011) at 13.8%, Lucina Land (INE0JZO07040) at 13.2% and Indel Money (INE0BUS08047) at 13.15%.