Bond Shriram Transport Funding 8.1% ( INE721A07LR1 ) in INR

Issuer Shriram Transport Funding
Market price 100 %  ⇌ 
Country  India
ISIN code  INE721A07LR1 ( in INR )
Interest rate 8.1% per year ( payment 1 time a year)
Maturity 23/03/2022 - Bond has expired



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Minimal amount 1 000 000 INR
Total amount 6 000 000 000 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.

Focusing on the recently matured debt instrument identified by ISIN INE721A07LR1, issued by Shriram Transport Finance, a leading Indian non-banking financial company (NBFC) renowned for its significant presence in commercial vehicle financing and a pivotal entity within the diversified Shriram Group, this bond, denominated in Indian Rupees (INR) and originating from India, was characterized by an 8.1% annual interest rate and a total issuance volume of INR 6,000,000,000, with a minimum acquisition size set at INR 1,000,000; having reached its maturity on March 23, 2022, the bond has been fully redeemed and reimbursed at its 100% current market price, thereby concluding its financial cycle.