Bond Shriram Transport Funding 8.5% ( INE721A07LF6 ) in INR

Issuer Shriram Transport Funding
Market price 100 %  ⇌ 
Country  India
ISIN code  INE721A07LF6 ( in INR )
Interest rate 8.5% per year ( payment 1 time a year)
Maturity 19/08/2019 - Bond has expired



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Minimal amount 1 000 000 INR
Total amount 1 500 000 000 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 analysis of the debt instrument identified by ISIN INE721A07LF6 reveals its nature as a bond issued by Shriram Transport Finance, a prominent non-banking financial company (NBFC) based in India primarily engaged in the financing of commercial vehicles and other asset-backed lending across the nation, with this specific bond denominated in Indian Rupees (INR) carrying an annual interest rate of 8.5%, representing a total issuance size of INR 1,500,000,000, and featuring a minimum purchase requirement of INR 1,000,000, which was originally offered at 100% of its face value and had a maturity date of August 19, 2019, with annual interest payments, ultimately reaching its full maturity and being successfully repaid to bondholders.