@Akash_Padhiyar I think you miss-understood the concept of yield to maturity. It is not same as Annual Coupon Rate or annual yield.
The annual coupon rate here is approx. 10.5%. On the contrary, the cost of borrowing here is lower than their current aggregate CoB which is 10.7% (as per Q2 earnings).
Community please feel free to correct me, if you disagree!
| Subscribe To Our Free Newsletter |
