Bond IndiaBulls Home Finance 11% ( INE148I07357 ) in INR

Issuer	IndiaBulls Home Finance
Market price	100 % ⇌
Country	India
ISIN code	INE148I07357 ( in INR )
Interest rate	11% per year ( payment 1 time a year)
Maturity	29/08/2023 - Bond has expired
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Minimal amount	1 000 000 INR
Total amount	10 000 000 000 INR
Detailed description	Indiabulls Housing Finance Limited is a non-banking financial company (NBFC) in India primarily engaged in providing housing finance services, including home loans, loan against property, and other related financial products. An Indian fixed-income instrument, specifically a bond identified by ISIN INE148I07357, issued by Indiabulls Housing Finance, reached its scheduled maturity on August 29, 2023, and has been fully redeemed; the issuer, Indiabulls Housing Finance, is a prominent Indian non-banking financial company (NBFC) with a significant presence in the housing finance sector, providing a range of financial products to individual and corporate clients across India, and this particular bond, denominated in Indian Rupees (INR), featured an attractive annual interest rate of 11%, with payments made once per year, reflecting its appeal to investors seeking yield in the Indian market; the total issue size for this bond was INR 10,000,000,000, with a minimum investment threshold set at INR 1,000,000 for purchasers, and at the time of its maturity, the bond was quoted at 100% of its par value on the market, affirming its full repayment and the timely fulfillment of financial commitments by the issuer to its bondholders.