Bond SBI Card & Payment Services Securities 9.15% ( INE018E08136 ) in INR

Issuer SBI Card & Payment Services Securities
Market price 100 %  ⇌ 
Country  India
ISIN code  INE018E08136 ( in INR )
Interest rate 9.15% per year ( payment 1 time a year)
Maturity 17/06/2022 - Bond has expired



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Minimal amount /
Total amount 4 500 000 000 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 noteworthy financial event in the Indian debt market involved the successful maturity and subsequent redemption of a specific bond issuance by SBI Cards and Payment Services Ltd., a prominent financial entity operating within India's robust payment services sector and recognized as one of the nation's leading credit card providers with strong affiliations to the State Bank of India group, which bond, identified by ISIN INE018E08136, was issued in India, denominated in Indian Rupees (INR), and represented a total issuance size of INR 4.5 billion, carrying a fixed annual interest rate of 9.15% and reaching its designated maturity date on June 17, 2022, when it was fully repaid at par, reflecting a market price of 100% at the time of settlement.