Bond Svatantra Microfinance Bonds 11.9% ( INE00MX08086 ) in INR

Issuer Svatantra Microfinance Bonds
Market price refresh price now   100 %  ▲ 
Country  India
ISIN code  INE00MX08086 ( in INR )
Interest rate 11.9% per year ( payment 1 time a year)
Maturity 15/06/2028



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Minimal amount /
Total amount 500 000 000 INR
Next Coupon 01/01/2027 ( In 328 days )
Detailed description Svatantra Microfin Bonds are debt securities issued by Svatantra Microfin Private Limited, an Indian Non-Banking Financial Company (NBFC), to raise capital for lending to microfinance institutions (MFIs) and ultimately, to underserved populations in India.

A noteworthy bond instrument, identified by ISIN INE00MX08086, has been issued by Svatantra Microfin Bonds, an entity specializing in microfinance operations within India and dedicated to promoting financial inclusion through the provision of credit to underserved populations; this Indian-issued bond, denominated in Indian Rupees (INR), carries a substantial annual coupon rate of 11.9%, with a total issue size of 500,000,000 INR, and is set to mature on June 15, 2028, offering annual interest payments to its holders, while currently trading at 100% of its face value on the market, thereby providing investors with direct exposure to India's burgeoning microfinance sector.