Bond Asirvad Microfinance Bonds 13.5% ( INE516Q08141 ) in INR

Issuer	Asirvad Microfinance Bonds
Market price	100 % ⇌
Country	India
ISIN code	INE516Q08141 ( in INR )
Interest rate	13.5% per year ( payment 1 time a year)
Maturity	12/07/2019 - Bond has expired
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Detailed description	Asirvad Microfinance Bonds are debt instruments issued by Asirvad Microfinance to raise capital, offering investors fixed income with potential returns linked to the performance of the microfinance institution. A detailed review of the bond identified by ISIN INE516Q08141, issued by Asirvad Micro Finance Bonds, an Indian entity operating within the crucial microfinance sector, confirms its successful lifecycle completion. This specific debt instrument, denominated in Indian Rupees (INR) and issued from India, was characterized by an attractive annual interest rate of 13.5% and a market price of 100%. With an annual payment frequency, the bond reached its maturity date on July 12, 2019, and has been fully repaid, demonstrating the issuer's timely fulfillment of its financial obligations.