Bond IndiaBulls Home Finance 10.85% ( INE148I08173 ) in INR

Issuer	IndiaBulls Home Finance
Market price	100 % ⇌
Country	India
ISIN code	INE148I08173 ( in INR )
Interest rate	10.85% per year ( payment 1 time a year)
Maturity	17/07/2024 - Bond has expired
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Minimal amount	100 000 INR
Total amount	100 000 000 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. A recent notable event in the Indian fixed-income market was the successful maturity and subsequent repayment of the bond issued by Indiabulls Housing Finance, identified by ISIN INE148I08173, on its scheduled maturity date of July 17, 2024. Indiabulls Housing Finance Limited, a prominent Non-Banking Financial Company (NBFC) in India, is a significant player primarily engaged in providing housing finance and related financial services across the country, making its financial instruments key considerations for investors seeking exposure to the Indian housing sector. This particular debt instrument was denominated in Indian Rupees (INR) and featured an attractive annual coupon rate of 10.85%, reflecting its yield profile at issuance. The total issue size for this bond was INR 100,000,000, structured with a minimum purchase size of INR 100,000, catering to a range of investors. Interest payments were scheduled annually, consistent with the specified payment frequency of '1'. Upon its maturity, the bond was fully redeemed at its par value, indicated by its 100% current market price at the time of repayment. This successful completion of the bond's lifecycle underscores the issuer's commitment to its debt obligations and represents a fulfilled investment for bondholders who received their principal and final interest payment as anticipated.