Bond Bajaj Finance Obligations 8.85% ( INE296A07KI5 ) in INR

Issuer	Bajaj Finance Obligations
Market price	100 % ⇌
Country	India
ISIN code	INE296A07KI5 ( in INR )
Interest rate	8.85% per year ( payment 1 time a year)
Maturity	23/03/2021 - Bond has expired
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Minimal amount	/
Total amount	8 000 000 000 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. A recent development in the Indian debt market saw the complete maturity and redemption of the Bajaj Finance Bonds identified by ISIN: INE296A07KI5. The issuer, Bajaj Finance Ltd., stands as a leading Non-Banking Financial Company (NBFC) in India and a significant entity within the diversified Bajaj Group, renowned for its extensive operations across consumer finance, small and medium-sized enterprise (SME) lending, commercial finance, and wealth management services. This particular bond, issued in India with a total offering size of INR 8,000,000,000, carried an annual interest rate of 8.85%. The instrument reached its maturity date on March 23, 2021, at which point it was fully redeemed at its par value of 100%, signifying the successful completion of its lifecycle and the repayment of principal to bondholders.