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ItalianoBond SBI Card & Payment Services Securities 8.1% ( INE018E08102 ) in INR
| Issuer | SBI Card & Payment Services Securities |
| Market price | 100 % ⇌ |
| Country |  India
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| ISIN code |
 INE018E08102 ( in INR )
|
| Interest rate | 8.1% per year ( payment 1 time a year) |
| Maturity | 10/05/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | 1 100 000 000 INR |
| Detailed description |
SBI Cards and Payment Services Bonds are debt instruments issued by SBI Cards and Payment Services Limited, a leading credit card issuer in India, offering investors fixed income with varying maturities and interest rates. A detailed analysis of the bond market reveals an 8.1% fixed-rate bond, ISIN INE018E08102, denominated in Indian Rupees (INR), issued by SBI Cards and Payment Services, a leading credit card issuer and payment solutions provider in India backed by its parent, State Bank of India, one of the nation's largest public sector banks. This particular security, which carried an annual payment frequency and an original issuance size of INR 1,100,000,000, successfully reached its maturity on May 10, 2021, at which point it was redeemed at its par value of 100%. |