Bond Sundaram Financial Bonds 0% ( INE660A14UG1 ) in INR

Issuer	Sundaram Financial Bonds
Market price	100 % ⇌
Country	India
ISIN code	INE660A14UG1 ( in INR )
Interest rate	0%
Maturity	05/06/2020 - Bond has expired
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Detailed description	Sundaram Finance Bonds are debt instruments issued by Sundaram Finance, a prominent Indian non-banking financial company (NBFC), offering investors fixed income with varying maturities and interest rates. This financial article provides an update on the bond identified by ISIN INE660A14UG1, issued by Sundaram Finance Bonds, a financing arm of Sundaram Finance Limited, a prominent Non-Banking Financial Company (NBFC) based in India, widely recognized for its extensive financial services including vehicle finance, asset management, and housing finance across the country. This particular bond, denominated in Indian Rupees (INR) and issued within India, was structured as a zero-coupon instrument, bearing a 0% interest rate and scheduled for maturity on June 5, 2020; consequently, having reached its maturity date, the bond has been fully redeemed at 100% of its face value, ensuring the complete repayment of principal to its bondholders.