AAA spreads not lucrative
Jan-19
Jan-20
Jan-21
10 year G-sec
7.5%
6.6%
5.9%
10 year AAA corp. bond
8.6%
7.8%
6.6%
5 year G-sec
7.2%
6.2%
5.1%
5 year AAA corp. bond
8.5%
7.2%
5.5%
5 year AA corp. bond
9.0%
7.8%
6.2%
5 year AA NBFC bond
9.5%
8.4%
6.7%