Mumbai, May 29 -- Corporate bond yields softened during 2024-25, mirroring G-sec yields, according to Reserve Bank of India. The monthly average yield on AAA-rated 3-year bonds of public sector undertakings (PSUs), financial institutions (FIs) and banks; non-banking financial companies (NBFCs); and corporates fell by 15 bps, 28 bps and 33 bps, respectively, in March 2025 vis -a- vis March 2024. The spread on AAA-rated 3-year bond yields over G-sec yields of corresponding maturity, however, increased during 2024- 25, as the pace of softening in corporate bond yields trailed that in G-sec yields. The increase in spreads was evident across tenors and the rating spectrum. Average daily turnover in the secondary market on corporate bonds incre...