Bond SMFG India Credit Corp Bonds 8.99% ( INE535H07894 ) in INR
| Issuer | SMFG India Credit Corp Bonds |
| Market price | 100 % ⇌ |
| Country | India
|
| ISIN code |
INE535H07894 ( in INR )
|
| Interest rate | 8.99% per year ( payment 1 time a year) |
| Maturity | 15/07/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | 500 000 000 INR |
| 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. An analysis of the **INE535H07894** bond, issued by **SMFG India Credit Company**, a prominent non-banking financial company (NBFC) operating within India and a subsidiary of the esteemed Sumitomo Mitsui Financial Group, reveals its complete lifecycle culminating in a successful redemption; this Indian Rupee (INR) denominated obligation, which featured an attractive annual interest rate of 8.99% and comprised a total issuance size of INR 500,000,000, reached its maturity date on July 15, 2022, having maintained its market price at 100% of its par value, and has subsequently been fully repaid to bondholders. |
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