Bond Shriram Transport Funding 0% ( INE721A07IQ9 ) in INR

Issuer	Shriram Transport Funding
Market price	100 % ⇌
Country	India
ISIN code	INE721A07IQ9 ( in INR )
Interest rate	0%
Maturity	26/11/2021 - Bond has expired
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Minimal amount	1 000 000 INR
Total amount	5 000 000 000 INR
Detailed description	Shriram Transport Finance Company is a leading Indian non-banking financial company (NBFC) specializing in financing commercial vehicles, including trucks, buses, and tractors, primarily serving small and medium-sized businesses. Shriram Transport Finance Corporation (STFC), a prominent Indian non-banking financial company (NBFC) specializing in commercial vehicle financing and other financial services, recently saw the full maturity and repayment of its bond identified by ISIN INE721A07IQ9. This debt instrument, issued in Indian Rupees (INR) with a total size of INR 5,000,000,000 and a minimum purchase size set at INR 1,000,000, was characterized as a zero-coupon bond, meaning investors received no periodic interest payments, with their return realized through the principal repayment at maturity. The bond reached its scheduled maturity date on November 26, 2021, at which point it was repaid at 100% of its face value, marking a successful close to this specific financial commitment from Shriram Transport Finance.