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



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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.