Bond 360 Prime Bonds 0% ( INE248U07DB4 ) in INR

Issuer	360 Prime Bonds
Market price	100 % ⇌
Country	India
ISIN code	INE248U07DB4 ( in INR )
Interest rate	0%
Maturity	30/03/2023 - Bond has expired
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Minimal amount	/
Total amount	3 645 000 000 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 an Indian-issued debt instrument, specifically a bond identified by ISIN INE248U07DB4, issued by 360 ONE Prime Bonds, an entity associated with 360 ONE, a prominent wealth and asset management firm headquartered in India and formerly known as IIFL Wealth Management, which has successfully matured and been fully repaid on its due date of March 30, 2023, concluding its lifecycle as a bond denominated in Indian Rupees (INR) with an original total issue size of INR 3,645,000,000, notably featuring a 0% interest rate and a payment frequency of one, characteristic of instruments designed for principal repayment at maturity, as was the case here with its full redemption at a market price equivalent to 100% of its face value.