{"id":15739,"date":"2026-08-21T15:27:55","date_gmt":"2026-08-21T09:57:55","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=15739"},"modified":"2026-08-21T15:30:05","modified_gmt":"2026-08-21T10:00:05","slug":"aa-rated-nbfc-ncds-offering-9-11-percent-is-the-risk-reward-justified","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/bond-news\/aa-rated-nbfc-ncds-offering-9-11-percent-is-the-risk-reward-justified\/","title":{"rendered":"AA-Rated NBFC NCDs at 9\u201311%: Is the Extra Yield Worth the Risk?"},"content":{"rendered":"
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\ud83d\udcdd Quick Summary:<\/div>\n

<\/span>AA-rated NCDs from NBFCs are paying 9% to 11%, well above the 7% to 8% on top-rated AAA bonds and the under-7% on most bank FDs. That gap is tempting. But the higher rate is not free money. It is the market’s way of pricing a higher chance that the company misses a payment. This guide explains AA-rated NCD returns in 2026 in simple words, what the extra yield is really paying you for, and how to judge whether the risk is worth taking.<\/span><\/h2>\n<\/div>\n\n\n

A credit rating is a simple score of how likely a company is to pay you back. Rating agencies like CRISIL, ICRA, and CARE grant it based on their assessments. To understand AA-rated NCD returns, you first need to know what that AA score is telling you.<\/p>

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