Bond Bajaj Finance Obligations 0% ( INE296A07KL9 ) in INR

Issuer	Bajaj Finance Obligations
Market price	100 % ⇌
Country	India
ISIN code	INE296A07KL9 ( in INR )
Interest rate	0%
Maturity	30/10/2019 - 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 detailed review of the debt instrument identified by ISIN INE296A07KL9 confirms an obligation issued by Bajaj Finance Bonds, representing Bajaj Finance Ltd., a prominent and diversified non-banking financial company (NBFC) headquartered in India. As a significant subsidiary of Bajaj Finserv Ltd., Bajaj Finance plays a pivotal role in the Indian financial services landscape, offering a comprehensive suite of financial products including consumer finance, SME lending, and wealth management solutions. This specific bond, denominated in Indian Rupees (INR), constituted a substantial total issue size of 8,000,000,000 INR. Distinctively structured, the bond featured a 0% interest rate, indicating its likely nature as a zero-coupon instrument where investor returns were primarily derived from the discount at which it was initially issued and its repayment at par. The bond reached its scheduled maturity date on October 30, 2019, and was fully repaid at 100% of its face value, signifying a successful and timely redemption for its holders, as confirmed by its final market status.