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Indian Bond Market Report — Week of March 09, 2026

9 March 2026BondDekho Team6 min read
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Key Takeaways

  1. BondDekho tracks 2,937 bonds across 9 platforms with 3,180 total listings.
  2. The average yield to maturity across all platforms is 10.23%.
  3. 17 new bonds were listed this week.
  4. The highest-yielding new bond is Finkurve Financial Services Limited (BBB) at 11.80% YTM.
  5. The highest YTM available is 15.30% from AKARA CAPITAL ADVISORS PRIVATE LIMITED (BBB).
  6. The NBFC sector has the most bonds (87) with an average YTM of 11.12%.

Market Overview

BondDekho data shows 2,937 bonds are currently tracked across 9 online bond platform providers (OBPPs), with 3,180 total listings. The average yield to maturity across all platforms stands at 10.23%.

MetricValue
Total Bonds2,937
Total Platforms9
Total Listings3,180
Average YTM10.23%
Data Last Updated2026-03-11T11:21:40.827234

What New Bonds Were Listed This Week?

BondDekho data shows 17 new bonds were listed across platforms this week.

IssuerISINRatingYTMPlatforms
Finkurve Financial Services LimitedINE734I07081BBB11.80%1
IFL FINANCE LIMITEDINE01XO07041BBB11.75%1
NAVADHAN CAPITAL PRIVATE LIMITEDINE2ROL15018A-11.75%1
MIDLAND MICROFIN LIMITEDINE884Q07780A-11.75%1
Annapurna Finance LimitedINE515Q08275A-11.66%1
IIFL SAMASTA FINANCE LIMITEDINE413U07277AA-11.25%1
EARLYSALARY SERVICES PRIVATE LIMITEDINE01YL07433A-11.09%1
Manba Finance LimitedINE939X07192BBB+10.95%1
Profectus Capital Private LimitedINE389Z07112A+10.30%1
Kosamattam Finance LimitedINE403Q07FQ6A10.25%1
IIFL FINANCE LIMITEDINE530B07484AA9.15%1
NIDO HOME FINANCE LIMITEDINE530L07731A+8.67%1
MOTILAL OSWAL FINANCIAL SERVICES LIMITEDINE338I07123AA8.32%1
REC LIMITED 03/Nov/2034INE020B08FJ3A1
SAMMAAN CAPITAL LIMITED 05/Mar/2036INE148I07YK8A1

Data is for informational purposes only. Sorted by YTM. Not a recommendation.

What Does the Rating Distribution Look Like?

BondDekho data shows the following credit rating distribution across 1504 rated bonds:

RatingBond Count
AAA710
AA+182
AA166
A159
A+92
BBB+48
A-42
AA-39
BBB37
B+12
BBB-8
BB4
BB+3
B1
D1

Credit ratings are assigned by SEBI-registered agencies (CRISIL, ICRA, CARE, etc.). Higher-rated bonds generally offer lower yields. Ratings are not a guarantee of repayment.

Which Bonds Offer the Highest YTM This Week?

The following bonds currently show the highest yield to maturity on BondDekho:

#IssuerRatingYTMSectorPlatforms
1AKARA CAPITAL ADVISORS PRIVATE LIMITEDBBB15.30%NBFC1
2AKARA CAPITAL ADVISORS PRIVATE LIMITEDBBB15.20%NBFC1
3AKARA CAPITAL ADVISORS PRIVATE LIMITEDBBB15.20%NBFC1
4AKARA CAPITAL ADVISORS PRIVATE LIMITEDBBB15.10%NBFC1
5AKARA CAPITAL ADVISORS PRIVATE LIMITEDBBB15.10%NBFC1
6AKARA CAPITAL ADVISORS PRIVATE LIMITEDBBB15.10%NBFC1
7AKARA CAPITAL ADVISORS PRIVATE LIMITEDBBB15.10%NBFC2
8AKARA CAPITAL ADVISORS PRIVATE LIMITEDBBB15.10%NBFC2
9KINARA CAPITAL PRIVATE LIMITEDD15.00%1
10Keertana Finserv Private LimitedBBB+13.85%NBFC2

Higher yields typically reflect higher risk. Sorted by YTM. Not a recommendation.

How Are Different Sectors Performing?

BondDekho data shows how bonds are distributed across sectors:

SectorBondsAvg YTMMin YTMMax YTMTop Rating
NBFC8711.12%5.25%15.30%BBB-
Personal Loans2410.83%8.25%12.40%BBB+
MSME Loans2010.95%8.50%11.75%BBB-
Gold Loans1510.53%8.50%13.60%BBB-
Micro Finance1111.35%10.25%12.01%BBB-
Infrastructure810.08%8.30%12.20%BBB+
Vehicle Loans710.42%9.00%11.25%BBB+
Diversified69.39%8.00%11.00%AA-
Others311.59%11.00%12.06%BBB
Real Estate210.13%9.59%10.45%A+
Energy18.50%8.50%8.50%A
Metal And Mining19.05%9.00%9.10%AA
Retail Broker111.00%11.00%11.00%A-

Sector classification is based on issuer business activity. Not a recommendation of any sector.

Disclaimer

BondDekho is a bond comparison platform, not a SEBI-registered investment adviser. All data and analysis in this report is for educational and informational purposes only and should not be construed as investment advice, a recommendation, or an endorsement of any bond, platform, or issuer.

Bond investments carry risks including credit risk, interest rate risk, and liquidity risk. Past yields do not guarantee future returns. Please consult a SEBI-registered investment adviser before making any investment decisions.

Data is sourced from publicly available information on online bond platform providers (OBPPs) and is updated multiple times daily. BondDekho does not guarantee the accuracy, completeness, or timeliness of this data.

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