India Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-india-callable
India Callable Corporate Bond Yields (USD) as of 2026-07-27: 8Y at 5.76%, fitted curve 9M–40Y (5.35%–5.95%), 32 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 5.35% | — |
| 12M | 5.43% | 5.66% |
| 18M | 5.56% | 5.82% |
| 2Y | 5.63% | 5.82% |
| 3Y | 5.67% | 5.75% |
| 4Y | 5.69% | 5.75% |
| 5Y | 5.71% | 5.79% |
| 6Y | 5.73% | 5.82% |
| 8Y | 5.76% | 5.87% |
| 15Y | 5.86% | 5.97% |
| 20Y | 5.90% | 6.02% |
| 40Y | 5.95% | 6.01% |
2Y, 10Y and the 10Y−2Y spread over time
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-07-27 | 1m ago— | 2m ago2026-05-27 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-03-12 | 6m ago2026-01-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.63% | — | 5.38% | 5.21% | 5.76% | 5.15% | 4.86% |
| 10Y | — | — | — | — | — | — | — |
| 10Y − 2Y | — | — | — | — | — | — | — |
Yields by rating group
The same curve split by credit quality: 53 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.42%, Speculative 6.07%.
Bonds in this curve
A selection of 30 of the 56 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| JSW Steel LTD | 5.34% | 2027-04-05 | 3.95% | USY44680RV38 |
| Shriram Finance LTD | 5.36% | 2027-04-22 | 6.62% | USY775M1BG76 |
| Adani Enterprises LTD | 5.81% | 2027-08-04 | 4.20% | USY00130VS35 |
| Adani Enterprises LTD | 5.22% | 2027-07-30 | 4.00% | US00652MAD48 |
| GMR Hyderabad Intl Arpt LTD | 5.45% | 2027-10-27 | 4.25% | USY3004WAA00 |
| Reliance Industries LTD | 4.93% | 2027-11-30 | 3.67% | USY72570AN72 |
| Reliance Industries LTD | 4.69% | 2027-11-30 | 3.67% | US759470AX52 |
| Iifl Finance LTD | 7.22% | 2028-07-24 | 8.75% | US44964HAA23 |
| Iifl Finance LTD | 7.31% | 2028-07-24 | 8.75% | USY3R78RET83 |
| JSW Infrastructure LTD | 5.42% | 2029-01-21 | 4.95% | USY4470XAA10 |
| Delhi International Airport Private LTD | 5.72% | 2029-06-04 | 6.45% | USY2R40TAB40 |
| Adani Enterprises LTD | 5.72% | 2029-07-03 | 4.38% | USY00130RP42 |
| Adani Enterprises LTD | 5.45% | 2029-07-03 | 4.38% | US00652MAE21 |
| Iifl Finance LTD | 7.97% | 2030-07-10 | 7.60% | US44964HAC88 |
| Iifl Finance LTD | 7.92% | 2030-07-10 | 7.60% | USY3R78RMP79 |
| Adani Enterprises LTD | 5.87% | 2031-02-02 | 3.10% | USY00130XS17 |
| Renew Treasury Ifsc Private LTD | 6.88% | 2031-02-02 | 6.50% | USY72910AA35 |
| Ultratech Cement LTD | 5.35% | 2031-02-16 | 2.80% | USY9048BAA18 |
| JSW Hydro Energy LTD | 6.05% | 2031-05-18 | 4.12% | USY4S71YAA27 |
| Bharti Airtel LTD | 5.14% | 2031-06-03 | 3.25% | USY0889VAC47 |
| Bharti Airtel LTD | 5.02% | 2031-06-03 | 3.25% | US08860HAC88 |
| Adani Enterprises LTD | 6.08% | 2031-07-22 | 3.87% | XS2367109803 |
| Summit Digitel Infrastructure Private LTD | 5.42% | 2031-08-12 | 2.88% | USY8190DAA55 |
| Adani Enterprises LTD | 6.02% | 2032-02-02 | 3.83% | USY00130YV37 |
| JSW Steel LTD | 5.74% | 2032-04-05 | 5.05% | USY44680RW11 |
| Varanasi Aurangabad NH-2 TWY Private LTD | 5.64% | 2034-02-28 | 5.90% | USY9350HAA06 |
| Reliance Industries LTD | 5.55% | 2040-10-19 | 6.25% | USY72570AR86 |
| Adani Enterprises LTD | 6.47% | 2041-08-02 | 5.00% | USY00130YU53 |
| Reliance Industries LTD | 5.96% | 2045-02-10 | 4.88% | USY72570AM99 |
| Reliance Industries LTD | 5.94% | 2062-01-12 | 3.75% | USY72570AT43 |