Investors could make 33-50 per cent on DHFL bonds maturing in August and September if the company repays its bondholders, said wealth managers. This translates into a 200 per cent annualised return.Yields on some of the DHFL bonds have shot up to as high as 200 per cent. Second, investors who want to buy DHFL bonds from the market now should restrict to short duration papers (i.e. For example, DHFL bonds maturing in August 2021, saw 1,364 bonds being traded and closing at Rs 517, giving investors a yield of 48.24 per cent. Similarly, bonds maturing in June 2028, trade at Rs 425, giving a yield of 21.79 per cent, to prospective investors.
Source: Economic Times June 10, 2019 02:37 UTC