Bond Bajaj Finance Obligations 0% ( INE296A07JG1 ) in INR
Issuer | Bajaj Finance Obligations |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 09/04/2019 - Bond has expired |
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Minimal amount | / |
Total amount | 750 000 000 INR |
Detailed description |
Bajaj Finance Bonds are debt instruments issued by Bajaj Finance Limited, a leading Non-Banking Financial Company (NBFC) in India, offering investors fixed income with varying tenures and interest rates. An update concerning the bond identified by ISIN INE296A07JG1, issued by Bajaj Finance Bonds, confirms its successful conclusion. Bajaj Finance Bonds operates as an integral arm of Bajaj Finance Limited, one of India's pre-eminent Non-Banking Financial Companies (NBFCs), well-regarded for its expansive and diversified lending portfolio and significant presence within the Indian financial landscape. This particular bond, originating from India, was issued with a total value of INR 750,000,000, denominated in Indian Rupees. It carried a nominal interest rate of 0% and was structured for a single payment frequency, effectively functioning as a zero-coupon-like instrument. The bond reached its maturity on April 9, 2019, and has since been fully repaid, having commanded a market price of 100% at the time of its final settlement, thereby confirming its complete redemption and the issuer's fulfillment of all obligations. |