Bond Tata Capital Financial Bonds 0% ( INE306N07LA0 ) in INR

Issuer Tata Capital Financial Bonds
Market price 100 %  ⇌ 
Country  India
ISIN code  INE306N07LA0 ( in INR )
Interest rate 0%
Maturity 25/08/2020 - Bond has expired



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Minimal amount /
Total amount 500 000 000 INR
Detailed description Tata Capital Financial Services Bonds are debt instruments issued by Tata Capital Financial Services Limited, offering investors fixed-income returns over a specified period, typically with varying maturity options and interest payment frequencies.

A fixed-income instrument bearing the ISIN INE306N07LA0, issued by Tata Capital Financial Services Ltd., a prominent Indian Non-Banking Financial Company (NBFC) and a subsidiary of the venerable Tata Group, concluded its lifecycle on August 25, 2020. This particular bond, denominated in Indian Rupees (INR) with a total issuance value of 500,000,000, was characterized by a stated 0% interest rate, suggesting it functioned as a zero-coupon bond or a discount instrument redeemed at par, as indicated by its 100% market price upon maturity. Having made a single payment at its maturity, as per its payment frequency, the bond has since been fully redeemed, marking the successful completion of its obligation to investors in India.