Corporate bond spreads over Gilt

	AAA	AA+	AA	AA-	A+
3 years	0.57%	1.87%	3.24%	3.89%	4.7%
5 years	0.23%	2.14%	3.50%	4.16%	5.02%
10 years	0.69%	2.60%	3.97%	4.63%	5.49%

Source: Franklin India Templetom market review, as of July 23, 2021. Excess returns over similar tenure gilt.

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