Bond Tata Motors Financial Bonds 9.6% ( INE601U08176 ) in INR
| Issuer | Tata Motors Financial Bonds |
| Market price | |
| Country | India
|
| ISIN code |
INE601U08176 ( in INR )
|
| Interest rate | 9.6% per year ( payment 1 time a year) |
| Maturity | Perpetual |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | / |
| Total amount | 600 000 000 INR |
| Next Coupon | 01/01/2026 ( In 16 days ) |
| Detailed description |
Tata Motors Finance Bonds are debt instruments issued by Tata Motors Finance to raise capital, offering investors a fixed income with varying maturity periods and interest rates, subject to credit risk associated with the issuer. An informative review of a notable fixed-income security reveals details concerning a perpetual bond, identified by the ISIN code INE601U08176, issued by Tata Motors Finance Bonds. As the dedicated financial services subsidiary of Tata Motors, one of India's leading global automotive manufacturers, Tata Motors Finance specializes in providing comprehensive vehicle financing solutions, thereby playing a crucial role in supporting the sales and market penetration of its parent company's extensive portfolio of commercial and passenger vehicles throughout India. This particular bond, originating from India, is currently trading at 100% of its par value on the market and is denominated in Indian Rupees (INR). It offers investors a compelling annual interest rate, or coupon, of 9.6%. The total size of this specific issuance amounts to 600,000,000 INR. A distinguishing characteristic of this instrument is its perpetual maturity, signifying that it has no set redemption date, and the principal repayment is not scheduled; instead, investors receive ongoing interest payments, which for this bond are disbursed with an annual frequency (one payment per year). |
Français
Italiano
India