Midland Microfin Limited
How this yield compares
About this bond
Midland Microfin Limited is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.9%. It pays a coupon of 11.9% and matures on 17 Jun 2027, a remaining tenure of about 11 mo. It is rated A-, an adequate credit-safety grade. Jiraaf lists this bond with a minimum investment of ₹1.0L.
Its 11.9% yield is well above the market average, placing it 41st of the 193 Corporate bonds on RightBonds - firmly in the top tier. That is 1.40 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.15%), it pays roughly 5.75 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 11 mo 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 MICROFIN (INE884Q07855) at 12%, Midland Microfin (INE884Q07806) at 11% and Vedika Credit Capital (INE04HY08011) at 13.8%.