Bond Asirvad Microfinance Bonds 11.25% ( INE516Q08414 ) in INR

Issuer	Asirvad Microfinance Bonds
Market price	100 % ▲
Country	India
ISIN code	INE516Q08414 ( in INR )
Interest rate	11.25% per year ( payment 1 time a year)
Maturity	31/03/2029
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Next Coupon	01/01/2026 ( In 16 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. This financial article details a specific fixed-income instrument, an obligation with ISIN code INE516Q08414, issued by Asirvad Micro Finance Bonds, representing Asirvad Micro Finance, a prominent Indian Non-Banking Financial Company (NBFC) dedicated to providing microfinance services to underserved communities across India. This bond, denominated in Indian Rupees (INR) and issued in India, currently trades at 100% of its market price, offering a significant annual interest rate of 11.25% with payments disbursed once per year, and is scheduled to mature on March 31, 2029.