Bond 360 Prime Bonds 0% ( INE248U07665 ) in INR
| Issuer | 360 Prime Bonds |
| Market price | |
| Country | India
|
| ISIN code |
INE248U07665 ( in INR )
|
| Interest rate | 0% |
| Maturity | 24/11/2026 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | / |
| Total amount | 830 000 000 INR |
| Detailed description |
360 ONE Prime Bonds are a type of investment offering high-yield returns linked to a basket of prime-rated corporate bonds, aiming to provide investors with diversification and potential capital appreciation while managing credit risk through stringent selection criteria. This financial article details a specific debt instrument, identified by its ISIN INE248U07665, issued by 360 ONE Prime Bonds, an entity operating within the Indian financial market. 360 ONE Prime Bonds serves as an issuer of debt securities originating from India, positioning itself within the nation's dynamic financial sector; while specific details on its broader operational scope beyond bond issuance are not explicitly provided, its role as a bond issuer suggests its involvement in capital market activities, likely supporting funding for its operations or acting as a financing vehicle within a larger financial conglomerate. The bond itself is denominated in Indian Rupees (INR) and represents a significant issue with a total size of INR 830,000,000. It is currently observed to be trading at 100% of its face value, indicating its market price is at par. A key feature distinguishing this particular obligation is its zero-coupon structure, reflected by its 0% interest rate. This means that investors do not receive recurring interest payments throughout the bond's life; instead, the return on investment is realized through the difference between its purchase price (typically at a discount to par) and its redemption value at par. The bond is set to mature on November 24, 2026, with a single payment frequency, signifying that the principal redemption occurs solely upon maturity, aligning with its zero-coupon profile. |
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