Bond SMFG India Credit Corp Bonds 10.9% ( INE535H07381 ) in INR

Issuer SMFG India Credit Corp Bonds
Market price 100 %  ⇌ 
Country  India
ISIN code  INE535H07381 ( in INR )
Interest rate 10.9% per year ( payment 1 time a year)
Maturity 07/01/2019 - Bond has expired



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Detailed description SMFG India Credit Company Bonds are debt securities issued by SMFG India Credit Company, a subsidiary of Sumitomo Mitsui Financial Group (SMFG), offering investors exposure to the Indian credit market with potential for fixed income returns.

The financial instrument identified by ISIN INE535H07381 represents a bond issued by SMFG India Credit Company Bonds, a significant non-banking financial company (NBFC) based in India. As a subsidiary of the globally renowned Sumitomo Mitsui Financial Group (SMFG), SMFG India Credit Company plays a crucial role in the Indian financial sector. This specific bond, denominated in Indian Rupees (INR), carried an annual interest rate of 10.9% and featured a payment frequency of once per year. Originating from India, this debt security reached its scheduled maturity on January 7, 2019, and was fully repaid to investors, consistent with its recorded market price of 100% at the time of redemption.