Bond TMF Bond Services 0% ( INE601U07103 ) in INR
| Issuer | TMF Bond Services |
| Market price | 100 % ⇌ |
| Country | India
|
| ISIN code |
INE601U07103 ( in INR )
|
| Interest rate | 0% |
| Maturity | 27/12/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | / |
| Total amount | 350 000 000 INR |
| Detailed description |
TMF Business Services Bonds are financial instruments issued by TMF Group, a global provider of administrative and compliance services, to finance various business operations and potentially offer investors a fixed-income stream. An insightful review of a specific debt instrument, identified by its ISIN INE601U07103, reveals its full lifecycle and successful conclusion, with this bond having been issued by TMF Business Services Bonds, an entity whose name suggests affiliation with a provider of professional services such as accounting, tax, HR, and compliance solutions, likely operating within the broader TMF Group global network dedicated to assisting businesses with essential operational support; this particular Indian-issued obligation, denominated in Indian Rupees (INR), constituted a total issuance size of 350,000,000 INR. A key characteristic of this instrument was its zero-coupon nature, indicated by a 0% interest rate, meaning no periodic interest payments were made throughout its term, with the return for investors derived from the difference between the purchase price and the face value received at maturity; the bond reached its predetermined maturity date on December 27, 2021, at which point it was successfully redeemed at 100% of its face value, confirming its full repayment to bondholders, aligning with its single payment frequency at maturity. |
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