Bond India Trade Bank 8.5% ( INE514E08CK4 ) in INR

Issuer	India Trade Bank
Market price	100 % ⇌
Country	India
ISIN code	INE514E08CK4 ( in INR )
Interest rate	8.5% per year ( payment 1 time a year)
Maturity	25/04/2023 - Bond has expired
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Minimal amount	1 000 000 INR
Total amount	1 500 000 000 INR
Detailed description	The Export-Import Bank of India (Exim Bank) is a specialized financial institution that provides financial assistance to Indian exporters and importers to promote international trade. The financial instrument identified by ISIN INE514E08CK4 was a bond issued by the Export-Import Bank of India, a premier financial institution wholly owned by the Government of India, established to facilitate and promote the nation's international trade and investment through financing and advisory services. This specific debt security, denominated in Indian Rupees (INR), featured a fixed annual interest rate of 8.5% and represented a total issuance size of INR 1,500,000,000, with a minimum investment threshold set at INR 1,000,000. Originating from India, the bond, which had a singular annual payment frequency, reached its maturity date on April 25, 2023, at which point it was successfully redeemed at its par value of 100%, ensuring full repayment to its bondholders upon expiration.