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ItalianoBond Bajaj Finance Obligations 0% ( INE296A07OS6 ) in INR
| Issuer | Bajaj Finance Obligations |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE296A07OS6 ( in INR )
|
| Interest rate | 0% |
| Maturity | 14/05/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| 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. |