Jio Credit to Raise ₹500 Crore Through NCDs at 7.05% Yield

Jio Credit Limited is set to raise ₹500 crore on Thursday through the issuance of redeemable non-convertible debentures (NCDs), marking another significant move in the corporate debt market. The securities will mature on October 13, 2027, and carry an annual yield of 7.05%, according to the news reports.

Issue Details

The issue has received the highest safety ratings of ‘CARE AAA/Stable’ and ‘CRISIL AAA/Stable’, reflecting strong credit quality and low default risk. As per the news reports, these instruments are expected to attract institutional investors seeking stable returns amid an improving interest rate environment.

During the first 4 months of FY2025-26, Indian companies raised a record ₹4.07 trillion through debt.

Changing Borrowing Patterns

While corporate issuers continue to dominate the debt market, banks have remained relatively inactive, raising only about ₹1,800 crore so far this fiscal. 

Corporates seeking funding have diversified their sources, tapping external commercial borrowings (ECBs) and domestic bank loans linked to external benchmark lending rates (EBLRs). Many lenders, when in need of capital, prefer qualified institutional placements (QIPs) or foreign currency bonds over domestic debt issuances.

Read More: Reliance Jio Introduces JioBharat Phones Starting at ₹799 with Safety-First Capability at IMC 2025!

Conclusion

The upcoming ₹500 crore NCD issue by Jio Credit Limited reflects renewed corporate interest in tapping India’s bond markets as yields stabilise.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.