Bond Shriram Transport Funding 0% ( INE721A07JB9 ) in INR

Issuer	Shriram Transport Funding
Market price	100 % ⇌
Country	India
ISIN code	INE721A07JB9 ( in INR )
Interest rate	0%
Maturity	05/01/2022 - 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. An investment profile for the INE721A07JB9 bond, issued by Shriram Transport Finance, details a key financial instrument that has now reached its full conclusion. Shriram Transport Finance, a prominent non-banking financial company (NBFC) based in India, specializes primarily in commercial vehicle financing, playing a significant role in supporting the country's transportation and logistics sectors. This bond, denominated in Indian Rupees (INR), had a total issue size of INR 5,000,000,000, with a minimum investment threshold set at INR 1,000,000. Structurally, it was a zero-coupon bond, meaning it carried an explicit interest rate of 0% and was designed for investors to purchase it at a discount and receive its full face value upon maturity, with the reported "current market price" of 100% reflecting this redemption value. Its stipulated maturity date was January 5, 2022. The listed "payment frequency" of one refers to the singular principal repayment event at maturity, consistent with its zero-coupon nature. As of its maturity date, January 5, 2022, this financial obligation successfully concluded, having been fully redeemed by Shriram Transport Finance.