Pain in DHFL bonds continues

I can’t seem to get over this. Although the 40% YTM number on that 0 coupon bond is shocking, I can understand that, that bond is thinly traded. But even the other NCDs with relatively more volumes are yielding between 20% to 26% – I mean wassup with that?

Here’s a monthly chart depicting the carnage in some DHFL NCDs. What a dive off the cliff that is.

Yields as of yesterday’s close.