This NBFC is offering up to 9% per annum interest on its debt papers

The IIFL bonds offer highest effective yield of 8.75 per cent per annum for a tenure of 60 months. The company said it would also offer an incentive of 0.25 per cent per annum for the existing bond or equity shareholders of the company, taking their yield to 9 per cent.

from Banking/Finance-Industry-Economic Times https://ift.tt/3EQYb0T