{"id":10952,"date":"2025-10-23T13:26:52","date_gmt":"2025-10-23T13:26:52","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=10952"},"modified":"2026-02-24T09:47:09","modified_gmt":"2026-02-24T09:47:09","slug":"list-of-aa-minus-rated-bonds","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/","title":{"rendered":"List of AA- rated Bonds"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">AA- is a high credit rating assigned to long- and medium-term debt securities (with original maturity exceeding at least 1 year). An \u201cAA rating\u201d represents the bond has a high degree of safety + very low credit risk. Now, when the \u201c-\u201d (<\/span><i><span style=\"font-weight: 400;\">minus)<\/span><\/i><span style=\"font-weight: 400;\"> modifier is added to this rating, it shows these bonds are slightly weaker within this AA category.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As an investor, you must note that <\/span><span style=\"font-weight: 400;\">AA\u2013 rated bonds<\/span><span style=\"font-weight: 400;\"> still have high safety and low credit risk, but their ability to meet debt obligations is more sensitive to changes in the business or economy compared to AAA, AA+, or AA bonds.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are looking to invest, below is a <\/span><span style=\"font-weight: 400;\">list of AA- bonds<\/span><span style=\"font-weight: 400;\"> you may consider in 2025:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">(The list of AA- bonds offered by GoldenPi will be covered here)<\/span><\/p>\n<p>&nbsp;<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#What_are_AA-_Bonds\" >What are AA- Bonds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#The_Relationship_Between_AA-_Bond_Rating_and_Coupon_Rate\" >The Relationship Between AA- Bond Rating and Coupon Rate<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#Who_Can_Invest_in_AA-_Rated_Bonds\" >Who Can Invest in AA- Rated Bonds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#In_Conclusion_AA-_Bonds_Are_Investment-Grade_Products_That_May_Offer_Competitive_Returns\" >In Conclusion, AA- Bonds Are Investment-Grade Products That May Offer Competitive Returns!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#AA-_Bonds_FAQs\" >AA- Bonds FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#What_are_the_latest_AA-_bond_rates_in_2025\" >What are the latest AA- bond rates in 2025?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#Are_bond_ratings_fixed\" >Are bond ratings fixed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#At_what_price_can_I_purchase_AA-_bonds_in_the_IPO\" >At what price can I purchase AA- bonds in the IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#What_does_the_%E2%80%9C-%E2%80%9D_minus_sign_show_in_AA-_rating\" >What does the \u201c-\u201d minus sign show in AA- rating?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#Can_the_price_of_AA-_bonds_fall_below_face_value\" >Can the price of AA- bonds fall below face value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#Is_the_interest_calculated_on_actual_market_price_of_AA-_bonds\" >Is the interest calculated on actual market price of AA- bonds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#Is_interest_received_from_AA-_bonds_exempt\" >Is interest received from AA- bonds exempt?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/list-of-aa-minus-rated-bonds\/#How_do_floating_rate_AA%E2%80%93_bonds_work\" >How do floating rate AA\u2013 bonds work?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_are_AA-_Bonds\"><\/span><span style=\"font-weight: 400;\">What are <\/span><span style=\"font-weight: 400;\">AA- Bonds<\/span><span style=\"font-weight: 400;\">?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">AA\u2013 rated bonds<\/span><span style=\"font-weight: 400;\"> are investment-grade debt instruments. They are considered safe, but not as strong as AAA, AA+, or AA bonds. The minus sign (\u2013) in the bond rating of AA\u2013 shows the lower end of that rating category.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In India, credit rating agencies like CRISIL, ICRA, CARE, and India Ratings give these ratings after studying a company\u2019s fundamentals. Let\u2019s see what major factors they consider:<\/span><\/p>\n<div class=\"pcrstb-wrap\"><table>\n<thead>\n<tr>\n<th><span style=\"font-weight: 400;\">Factors\u00a0<\/span><\/th>\n<th><span style=\"font-weight: 400;\">Meaning<\/span><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Interest coverage ratio<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Shows how easily a company can pay interest on its debt<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Leverage ratio<\/span><\/td>\n<td><span style=\"font-weight: 400;\">How much debt the company has compared to its equity<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Corporate governance<\/span><\/td>\n<td><span style=\"font-weight: 400;\">How responsibly the company is managed (management quality)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Industry trends and competition<\/span><\/td>\n<td><span style=\"font-weight: 400;\">What is the company\u2019s market share and what advantages does it have over its competitors.\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<h2><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"The_Relationship_Between_AA-_Bond_Rating_and_Coupon_Rate\"><\/span><span style=\"font-weight: 400;\">The Relationship Between<\/span><span style=\"font-weight: 400;\"> AA- Bond<\/span><span style=\"font-weight: 400;\"> Rating and Coupon Rate<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Bond ratings show the safety of your investment and have a direct relationship with the coupon rate. Higher-rated bonds, like AAA or AA+, are comparatively safe and carry a low default risk. Because of this safety, these bonds usually give lower returns.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, if we compare, <\/span><span style=\"font-weight: 400;\">AA\u2013 rated bonds<\/span><span style=\"font-weight: 400;\"> are less safe than AA or AA+. They are still investment-grade, but the risk is slightly higher. Now, to compensate for this higher risk, AA\u2013 bonds usually offer a better return than AAA or AA+ bonds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, as an investor, you must understand that:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Higher rating (say AAA or AA+) = Lower risk = Lower coupon rate.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lower rating within investment-grade (AA\u2013) = Slightly higher risk = Slightly higher coupon rate<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This knowledge improves your ability to pick the right financial product. If we talk about <\/span><span style=\"font-weight: 400;\">AA- bond rate<\/span><span style=\"font-weight: 400;\">, as of September 16, 2025, you can earn up to 13.75% p.a. investing in <\/span><span style=\"font-weight: 400;\">AA- bonds<\/span><span style=\"font-weight: 400;\">. In comparison, you may earn up to 12.10% p.a. with <\/span><span style=\"font-weight: 400;\">AA+ bonds<\/span><span style=\"font-weight: 400;\"> and up to 10.75% p.a. with AAA bonds.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Who_Can_Invest_in_AA-_Rated_Bonds\"><\/span><span style=\"font-weight: 400;\">Who Can Invest in <\/span><span style=\"font-weight: 400;\">AA- Rated Bonds<\/span><span style=\"font-weight: 400;\">?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">AA\u2013 rated bonds<\/span><span style=\"font-weight: 400;\"> may be suitable for conservative investors with moderate risk appetite.\u00a0 These bonds offer non-market-linked returns and could increase your debt portfolio\u2019s overall returns. Some investors who can consider this financial product are:<\/span><\/p>\n<div class=\"pcrstb-wrap\"><table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Ideal Investors<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Why AA- Bonds May Suit?<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Conservative individual investors<\/span><\/td>\n<td><span style=\"font-weight: 400;\">People who do not want any market exposure may invest in<\/span><span style=\"font-weight: 400;\"> AA\u2013 bonds<\/span><span style=\"font-weight: 400;\"> for guaranteed interest payments.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Small business owners<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Entrepreneurs looking to park surplus funds may invest in\u00a0 <\/span><span style=\"font-weight: 400;\">AA\u2013 bonds<\/span><span style=\"font-weight: 400;\"> to earn slightly higher returns than bank deposits.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Institutional investors<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Several banks, insurance companies, and mutual funds invest in<\/span><span style=\"font-weight: 400;\"> AA\u2013 bonds<\/span><span style=\"font-weight: 400;\"> to balance safety and yield in their portfolios.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Retirees or fixed-income investors<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Those relying on interest income may use <\/span><span style=\"font-weight: 400;\">AA\u2013 bonds<\/span><span style=\"font-weight: 400;\"> to generate regular returns with low risk.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"In_Conclusion_AA-_Bonds_Are_Investment-Grade_Products_That_May_Offer_Competitive_Returns\"><\/span><span style=\"font-weight: 400;\">In Conclusion, <\/span><span style=\"font-weight: 400;\">AA- Bonds<\/span><span style=\"font-weight: 400;\"> Are Investment-Grade Products That May Offer Competitive Returns!<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">So now you know that AA\u2013 bonds represent the weaker end of the AA category. These bonds are still considered safe and investment-grade, but the issuing companies are financially weaker than those rated AAA, AA+, or AA. Because of this marginally higher risk, AA\u2013 bonds may offer comparatively higher returns.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you want to invest in <\/span><span style=\"font-weight: 400;\">corporate AA\u2013 bonds<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">AAA-rated bonds<\/span><span style=\"font-weight: 400;\">, or AA+ options, you can do so online via the <\/span><a href=\"https:\/\/goldenpi.com\/corporate-bonds\"><span style=\"font-weight: 400;\">GoldenPi platform<\/span><\/a><span style=\"font-weight: 400;\">. The process is 100% digital and can be completed in three easy steps:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Step 1: Complete your KYC<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Step 2: Choose the right corporate bond<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Step 3: Make payment to invest<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For those unaware, GoldenPi is a SEBI registered debt broker and an OBPP (Online Bond Platform Provider) license holder.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"AA-_Bonds_FAQs\"><\/span><span style=\"font-weight: 400;\">AA- Bonds <\/span><span style=\"font-weight: 400;\">FAQs<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_latest_AA-_bond_rates_in_2025\"><\/span><span style=\"font-weight: 400;\">What are the latest <\/span><span style=\"font-weight: 400;\">AA- bond rates<\/span><span style=\"font-weight: 400;\"> in 2025?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">As of September 16, 2025, you can get coupon rates up to 13.75% p.a. by investing in <\/span><span style=\"font-weight: 400;\">AA- bonds<\/span><span style=\"font-weight: 400;\">. However, your actual yield may differ depending on the actual purchase price.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_bond_ratings_fixed\"><\/span><span style=\"font-weight: 400;\">Are bond ratings fixed?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">No, they can be \u201cupgraded\u201d or \u201cdowngraded\u201d based on changes in the issuer\u2019s financial health, business performance, or market conditions. As an investor, you should regularly monitor rating changes as downgrades can significantly impact the market price of your bond.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"At_what_price_can_I_purchase_AA-_bonds_in_the_IPO\"><\/span><span style=\"font-weight: 400;\">At what price can I purchase <\/span><span style=\"font-weight: 400;\">AA- bonds<\/span><span style=\"font-weight: 400;\"> in the IPO?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In the primary market, you are purchasing bonds at the \u201cissue price\u201d. This \u201cper bond price\u201d is fixed by the issuing company before the public offer.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_the_%E2%80%9C-%E2%80%9D_minus_sign_show_in_AA-_rating\"><\/span><span style=\"font-weight: 400;\">What does the \u201c-\u201d minus sign show in AA- rating?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The \u201c\u2013\u201d sign in an AA\u2013 rating shows that the bond is on the lower end of the AA category. It still indicates high safety and low credit risk, but the issuer\u2019s financial strength is weaker than those rated AAA, AA or AA+.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_the_price_of_AA-_bonds_fall_below_face_value\"><\/span><span style=\"font-weight: 400;\">Can the price of<\/span><span style=\"font-weight: 400;\"> AA- bonds<\/span><span style=\"font-weight: 400;\"> fall below face value?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, it is a possibility! Once the bonds are listed on the exchange, their price may fluctuate depending on market demand and credit outlook. It may go below the face value or your purchase price, but this fall will not impact your regular interest payments.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_interest_calculated_on_actual_market_price_of_AA-_bonds\"><\/span><span style=\"font-weight: 400;\">Is the interest calculated on actual market price of <\/span><span style=\"font-weight: 400;\">AA- bonds<\/span><span style=\"font-weight: 400;\">?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">No, the interest on <\/span><span style=\"font-weight: 400;\">AA\u2013 bonds <\/span><span style=\"font-weight: 400;\">is calculated on the face value (also called par value) of the bond and not its market price. The market price can fluctuate, but the interest payments\u00a0 remain fixed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_interest_received_from_AA-_bonds_exempt\"><\/span><span style=\"font-weight: 400;\">Is interest received from <\/span><span style=\"font-weight: 400;\">AA- bonds<\/span><span style=\"font-weight: 400;\"> exempt?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The interest (coupon) earned on <\/span><span style=\"font-weight: 400;\">AA\u2013 rated bonds<\/span><span style=\"font-weight: 400;\"> is taxed as per your income tax slab. You are required to declare the interest income under the head \u201cIncome from Other Sources\u201d.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_floating_rate_AA%E2%80%93_bonds_work\"><\/span><span style=\"font-weight: 400;\">How do floating rate <\/span><span style=\"font-weight: 400;\">AA\u2013 bonds<\/span><span style=\"font-weight: 400;\"> work?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The coupon rate of floating <\/span><span style=\"font-weight: 400;\">AA- bonds<\/span><span style=\"font-weight: 400;\"> is linked to a reference rate, such as MIBOR or RBI repo rate. For example, a bond may offer 0.25% + the RBI repo rate.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, due to this linkage, your interest income is not fixed and fluctuates with the changes in the reference\/ benchmark rate considered.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">________________________________________________________<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Disclaimer:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This information is for general information purposes only. GoldenPi makes no guarantee on the accuracy of the data provided here; the information displayed is subject to change and is provided on an as-is basis. Nothing contained herein is intended to or shall be deemed to be investment advice, implied or otherwise. Investments in the securities market are subject to market risks. Read all the offer-related documents carefully before investing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bonds or non-convertible debentures (NCDs) are regulated by the Securities and Exchange Board of India and other government authorities. GoldenPi Securities Private Limited is a registered debt broker and acts as a distributor and not as a manufacturer of the product.<\/span><br \/>\n<script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are the latest AA- bond rates in 2025?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of September 16, 2025, you can get coupon rates up to 13.75% p.a. by investing in AA- bonds. However, your actual yield may differ depending on the actual purchase price.\"}},{\"@type\":\"Question\",\"name\":\"Are bond ratings fixed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No, they can be \u201cupgraded\u201d or \u201cdowngraded\u201d based on changes in the issuer\u2019s financial health, business performance, or market conditions. As an investor, you should regularly monitor rating changes as downgrades can significantly impact the market price of your bond.\u00a0\"}},{\"@type\":\"Question\",\"name\":\"At what price can I purchase AA- bonds in the IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the primary market, you are purchasing bonds at the \u201cissue price\u201d. This \u201cper bond price\u201d is fixed by the issuing company before the public offer.\u00a0\"}},{\"@type\":\"Question\",\"name\":\"What does the \u201c-\u201d minus sign show in AA- rating?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The \u201c\u2013\u201d sign in an AA\u2013 rating shows that the bond is on the lower end of the AA category. It still indicates high safety and low credit risk, but the issuer\u2019s financial strength is weaker than those rated AAA, AA or AA+.\"}},{\"@type\":\"Question\",\"name\":\"Can the price of AA- bonds fall below face value?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, it is a possibility! Once the bonds are listed on the exchange, their price may fluctuate depending on market demand and credit outlook. It may go below the face value or your purchase price, but this fall will not impact your regular interest payments.\u00a0\"}},{\"@type\":\"Question\",\"name\":\"Is the interest calculated on actual market price of AA- bonds?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No, the interest on AA\u2013 bonds is calculated on the face value (also called par value) of the bond and not its market price. The market price can fluctuate, but the interest payments\u00a0 remain fixed.\"}},{\"@type\":\"Question\",\"name\":\"Is interest received from AA- bonds exempt?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The interest (coupon) earned on AA\u2013 rated bonds is taxed as per your income tax slab. You are required to declare the interest income under the head \u201cIncome from Other Sources\u201d.\u00a0\"}},{\"@type\":\"Question\",\"name\":\"How do floating rate AA\u2013 bonds work?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The coupon rate of floating AA- bonds is linked to a reference rate, such as MIBOR or RBI repo rate. For example, a bond may offer 0.25% + the RBI repo rate.\u00a0\\n\\nNow, due to this linkage, your interest income is not fixed and fluctuates with the changes in the reference\/ benchmark rate considered.\u00a0\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AA- is a high credit rating assigned to long- and medium-term debt securities (with original maturity exceeding at least 1 year). An&hellip;<\/p>\n","protected":false},"author":8,"featured_media":11938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[293],"tags":[89,858,859],"class_list":["post-10952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bond-market-2","tag-goldenpi-blog","tag-aa-rated-bonds","tag-list-of-bonds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Check the Latest List of AA- Bonds 2025 | Know About the AA- Bond Rates and Multiple Options<\/title>\n<meta name=\"description\" content=\"AA\u2013 rated bonds are safe options that can offer competitive returns. Understand their risk, tax treatment, and who can invest. 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