Every issuer
has a curve.
One company can have a hundred bonds outstanding, and no two of them pay the same. Choose the maturity deliberately and the tenor becomes a lever you control rather than a detail buried in a product name.
One issuer, many prices
The same company pays different rates for different lengths of time
Lending to a company for seven years is a different proposition from lending to it for one, so the market prices each maturity on its own. Stack an issuer's bonds by remaining tenor and the shape appears.
In part one we compared one deposit against one bond. Widen the frame and a single issuer turns out to have a whole ladder of prices out to ten years and beyond, all on the same credit.
Median traded yield by remaining tenor
Bajaj Finance
+55 bp
shortest rung to longest
Each instrument contributes its last traded yield, and a rung is the median across the bonds landing in that band. Faded bars rest on a single print. Latest trade in this set: 10 Sept 2026. See all 50 traded securities.
That is 55 basis points of difference between the shortest and longest rungs, from one borrower, on one day. It is the price of time, and it is the single decision most people skip. Every issuer we track has a page like this: the full list for this one sits at the Bajaj Finance page, and the A to Z index covers the rest.
The shape is not the same for everyone. Here is a second issuer, one that also takes deposits, so you can hold its curve next to the deposit ladder from part one.
Median traded yield by remaining tenor
LIC Housing Finance
+64 bp
shortest rung to longest
Each instrument contributes its last traded yield, and a rung is the median across the bonds landing in that band. Faded bars rest on a single print. Latest trade in this set: 10 Sept 2026. See all 53 traded securities.
What the shape is telling you
A curve that rises steadily is the ordinary case: more time, more yield. A curve that flattens in the middle says the market sees little extra risk in waiting longer, and the extra years are being given away cheaply. A rung that jumps out of line usually has a reason worth finding, most often a bond that barely trades or one whose terms differ, such as a secured issue sitting beside unsecured paper.
Slice it your way
Or start from the shape you want and find the issuers
Coming at it from the other direction works just as well. Pick the tenor, the rating band or the security you want, and read the whole market that matches.
High-yield bonds
Bonds trading above 12% yield to maturity. A high yield signals higher risk; always read the issuer and security terms before you buy.
Corporate bonds & NCDs
Secured and unsecured corporate debentures (NCDs) and bonds, ranked by latest traded yield.
AAA-rated bonds
The highest credit-quality bonds, rated AAA by a recognised agency, ranked by latest traded yield.
AA-rated bonds
High credit-quality bonds rated in the AA band (AA-, AA, AA+), ranked by latest traded yield — often a yield pickup over AAA.
Secured bonds
Bonds backed by a charge over the issuer's assets (security cover), ranked by latest traded yield.
Money-market (CD / CP)
Short-dated money-market paper: bank certificates of deposit (CD) and corporate commercial paper (CP), by latest traded yield.
Short-term bonds
Bonds with under a year left to maturity, ranked by latest traded yield.
Long-term bonds
Bonds with five years or more left to maturity, ranked by latest traded yield.
Two of those are pure tenor calls. Short-term bonds have under a year to run and behave much like a deposit you can sell. Long-term bonds have five years or more and carry the full price risk that comes with that. Certificates of deposit and commercial paper sit shorter still, which is where treasuries park cash for weeks at a time.
There is no single yield
The same bond, quoted by several platforms, at several yields
Each platform sells from its own book. One that picked up a block cheaply, or that wants to move inventory it is holding, can quote a keener yield than one that has just restocked. So the same ISIN carries a choice of prices on the same day.
36 bp
between the quotes
FixedIncome
SMEST
BondsIndia
Aspero
BondskartLive platform quotes, refreshed through the day. The exchange print is the last yield this bond traded at on 10 Sept 2026, shown as a reference rather than as a price you can transact at. See every bond on the shelf.
5 platforms are quoting INE0BUS07CS3 right now, and the yields run from 10.89% to 11.25%. That is 36 basis points of choice on identical paper, and it exists because each platform is pricing its own liquidity position rather than reading off a single central screen.
Worth saying plainly about this particular bond: it carries a grade of A-, and a yield in this range is compensation for credit risk. It is here because it is the most widely quoted bond on the shelf today, which is what makes the comparison legible, and the same side-by-side view is what you want on any grade. Read the issuer and the security terms before the yield.
This is why we show every platform side by side instead of picking one for you. The full shelf of bonds available to buy today is at bonds available now, the platforms themselves are compared at bond platforms, and every individual bond page lists each live quote against the exchange print.
Reading a quote against a print
A platform quote is a price you can act on, subject to the size available. An exchange print is the last yield the bond actually traded at, which is a reference point rather than an offer, and on a thinly held bond it can be several weeks old. Holding the two side by side is the useful move: it tells you both what you can buy at and where the wider market last valued the same paper.
Zoom out
Where the whole market is funding, one grid
Put every issuer's curve on one page and you get a picture of what India's banks and finance companies are paying for money, by tenor.
The funding benchmark rebuilds this every week across money-market paper and the bond curve, so you can see where a single issuer sits against its peers before you decide whether its yield is generous or ordinary. Against the risk-free line, the G-Sec curve is the same picture with the credit taken out.
Questions people ask
Why do two bonds from the same company have different yields?
Mostly because they mature on different dates. Lending money for seven years is a different proposition from lending it for one, so the market prices each maturity separately and the result is a curve. Two more things move a single bond off that curve: how actively it trades, since a thinly held bond needs to pay a little more to find a buyer, and its own terms, because a secured bond ranks ahead of an unsecured one from the same issuer.
Why is the same bond quoted at different yields on different platforms?
Because each platform is selling from its own book. A platform that bought a block at a good price, or that wants to move inventory it is holding, can quote a keener yield than one that has just restocked. That is why comparing the same ISIN across platforms is worth the two minutes it takes: on any given day several of them are quoting it, and the yields genuinely differ.
Should I buy a short-dated or a long-dated bond?
It depends on when you need the money and what you think rates will do, and both answers are yours to make. Longer maturities usually pay more, which is the reward for taking the risk that rates move against you in the meantime. Shorter paper pays less and gives the money back sooner, which matters if you have a use for it. Looking at one issuer's whole curve at once makes the size of that trade-off visible in basis points instead of in the abstract.
What is a bond ladder?
Buying paper that matures in successive years rather than putting everything into one date. Each maturity returns cash you can either use or reinvest at whatever rates are then, which spreads out the risk of committing everything at a single point in the cycle. The curve for an issuer shows you what each rung of such a ladder currently pays.
What is an OBPP and are these platforms regulated?
An online bond platform provider is a SEBI-registered intermediary that sells listed debt securities to retail and non-institutional buyers. The registration brings the platform inside SEBI's rules on disclosure and conduct. It says nothing about the credit quality of any bond sold on it, which is a separate question you answer by reading the issuer, the rating and the terms of the specific instrument.
Watch an issuer's paper as it trades
Information, not advice
Capera is not a registered investment adviser and nothing on this page is a recommendation to buy, hold or sell any deposit or security. Every figure here is a published rate or a last traded price, shown so you can compare like with like and ask better questions. What you do with it stays your decision, and it is worth taking professional advice before you act. Read the full terms.
For treasurers, credit desks and family offices
Building a ladder, or sizing one maturity?
We will lay out the issuer's whole curve, show you which platforms are quoting each rung today and at what yield, and put the exchange print beside all of it. You see every price we see.
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Prices you can't pay to move.
Capera is editorially independent. We may earn from the platforms and institutions we list, but a commercial arrangement never changes the price or yield we show you.