Bond India Trade Bank 6.35% ( INE514E08FT8 ) in INR

Issuer	India Trade Bank
Market price	100 % ⇌
Country	India
ISIN code	INE514E08FT8 ( in INR )
Interest rate	6.35% per year ( payment 1 time a year)
Maturity	18/02/2025 - Bond has expired
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Minimal amount	1 000 000 INR
Total amount	9 900 000 000 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. This financial report details a recently matured bond issued by the Export-Import Bank of India, identified by the ISIN code INE514E08FT8. This specific debt instrument, originating from India and denominated in Indian Rupees (INR), featured an annual interest rate of 6.35%. The total issuance size amounted to INR 9,900,000,000, with a minimum investment threshold set at INR 1,000,000. Interest payments were structured with a frequency of one per period, typically implying annual disbursements. The maturity date for this bond was February 18, 2025. The Export-Import Bank of India (Exim Bank) is India's premier export finance institution, wholly owned by the Government of India, playing a pivotal role in promoting the nation's international trade and investment through a wide array of financing programs, advisory services, and support for project exports and overseas investments. At the time of its maturity, the bond was reported to be trading at 100% of its face value, confirming that this obligation has now reached its final term and has been fully redeemed, returning capital to investors as per the bond's terms and conditions.