Bond Asirvad Microfinance Bonds 13.5% ( INE516Q08380 ) in INR

Issuer	Asirvad Microfinance Bonds
Market price	100 % ▲
Country	India
ISIN code	INE516Q08380 ( in INR )
Interest rate	13.5% per year ( payment 1 time a year)
Maturity	31/05/2027
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Next Coupon	01/01/2026 ( In 17 days )
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. An Indian Rupee-denominated bond (ISIN: INE516Q08380), issued by Asirvad Micro Finance, a prominent Non-Banking Financial Company (NBFC) in India's microfinance sector focused on fostering financial inclusion, is currently available at 100% of its face value, offering an attractive annual interest rate of 13.5% until its maturity on May 31, 2027, with interest payments distributed annually.