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Indian Bond Market Report — Week of April 27, 2026

27 April 2026BondDekho Team6 min read
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Key Takeaways

  1. BondDekho tracks 3,218 bonds across 12 platforms with 3,785 total listings.
  2. The average yield to maturity across all platforms is 10.05%.
  3. 33 new bonds were listed this week.
  4. The highest-yielding new bond is 13.00 Unifinz Capital India Limited 23 Apr 2028 (A) at 13.79% YTM.
  5. The highest YTM available is 15.30% from AKARA CAPITAL ADVISORS PRIVATE LIMITED (BBB).
  6. The NBFC sector has the most bonds (282) with an average YTM of 10.35%.

Market Overview

BondDekho data shows 3,218 bonds are currently tracked across 12 online bond platform providers (OBPPs), with 3,785 total listings. The average yield to maturity across all platforms stands at 10.05%.

MetricValue
Total Bonds3,218
Total Platforms12
Total Listings3,785
Average YTM10.05%
Data Last Updated2026-04-28T14:08:41.536119

What New Bonds Were Listed This Week?

BondDekho data shows 33 new bonds were listed across platforms this week.

IssuerISINRatingYTMPlatforms
13.00 Unifinz Capital India Limited 23 Apr 2028INE926R07027A13.79%1
KEERTANA FINSERVINE0NES07329BBB+13.60%2
Akme Fintrade (India) LimitedINE916Y07081A12.29%1
INDEL MONEYINE0BUS07CL8A-11.80%1
MONEYBOXX FINANCE LIMITEDINE296Q07167BBB11.75%1
Light Microfinance Private LimitedINE366T07204BBB+11.75%1
Credit Wise Capital Private LimitedINE0LN107071BBB11.60%1
Satin Finserv LimitedINE03K307116A-11.56%1
Muthoot MCred LimitedINE101Q07BZ6A11.10%2
NAMRA FINANCE LIMITEDINE229U07186A-11.00%1
Muthoot Mcred LimitedINE101Q07BY9A10.86%2
Muthoot Fincorp LimitedINE549K08590AA-10.60%1
MUTHOOTTU MINI FINANCIERS LTDINE101Q07BH4A10.55%1
Auxilo Finserve Private LimitedINE605Y07197A+9.67%1
IKF Home Finance LimitedINE02VP07065A9.62%1

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 1793 rated bonds:

RatingBond Count
AAA745
AA234
A201
AA+195
A+111
AA-75
A-73
BBB+63
BBB55
BBB-18
B+12
BB4
BB+4
B1
C1
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%NBFC3
7Akara CapitalBBB15.10%NBFC3
8Akara Capital Advisors Private LimitedBBB15.00%1
9AKARA CAPITAL ADVISORS PRIVATE LIMITEDBBB15.00%NBFC2
10KINARA CAPITAL PRIVATE LIMITEDD15.00%1

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
NBFC28210.35%4.82%15.30%BBB-
MSME Loans2610.91%8.25%12.00%BBB-
Infrastructure259.11%5.22%13.05%BBB+
Personal Loans2210.79%8.25%12.40%BBB+
Gold Loans2110.82%8.25%13.75%BBB-
Manufacturing218.82%7.76%11.40%AA-
Micro Finance1411.33%10.25%12.01%BBB-
Power148.14%7.55%8.64%AAA
Fmcg108.89%8.50%9.15%AAA
Vehicle Loans910.61%9.00%11.75%BBB-
Diversified69.70%7.50%11.00%AAA
Others411.59%11.00%12.06%BBB
Technology211.13%10.55%11.60%A-
Energy18.48%8.38%8.60%C
Real Estate110.15%9.59%10.45%A+
Retail Broker111.00%11.00%11.00%A-
Telecommunication18.01%8.01%8.01%AAA

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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