Bond Tata Motors Financial Bonds 0% ( INE601U08234 ) in INR
| Issuer | Tata Motors Financial Bonds |
| Market price | 100 % ⇌ |
| Country | India
|
| ISIN code |
INE601U08234 ( in INR )
|
| Interest rate | 0% |
| Maturity | 31/05/2024 - 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 | 4 000 000 000 INR |
| 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 analysis of the INE601U08234 bond, issued by Tata Motors Finance Bonds, the dedicated financial services arm of the prominent Indian automotive manufacturer Tata Motors, highlights the successful completion of this fixed-income instrument, which, despite bearing a 0% interest rate and having a payment frequency of one, matured on May 31, 2024, and was fully repaid at 100% of its face value, representing the total issue size of 4,000,000,000 Indian Rupees (INR). |
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