Bond Bajaj Finance Bonds 0% ( INE296A07OS6 ) in INR
| Issuer | Bajaj Finance Bonds | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country | India
|
||||||
| ISIN code |
INE296A07OS6 ( in INR )
|
||||||
| Interest rate | 0% | ||||||
| Maturity | 14/05/2020 - Bond has expired | ||||||
|
Prospectus brochure in PDF format |
|||||||
| Minimal amount | / | ||||||
| Total amount | 120 000 000 INR | ||||||
| Detailed description |
Bajaj Finance Bonds are debt instruments issued by Bajaj Finance Limited, a leading Non-Banking Financial Company (NBFC) in India, offering investors fixed income with varying tenures and interest rates. Financial markets recently noted the maturity and full repayment of a specific zero-coupon bond instrument, ISIN INE296A07OS6, issued by Bajaj Finance Bonds, a prominent financial entity operating out of India. This bond, denominated in Indian Rupees (INR), was characterized by a 0% interest rate, indicating its structure as a zero-coupon security where the return for investors was realized through the difference between the purchase price and the full principal repayment at maturity, rather than through periodic interest payments. With a total issuance size of INR 120,000,000, the bond reached its maturity date on May 14, 2020, at which point it was fully redeemed at its 100% current market price, thereby fulfilling its single payment obligation upon expiry. |
||||||
| |||||||
Français
Italiano
India