Bond Shriram Transport Funding 9.3% ( INE721A07PB6 ) in INR

Issuer	Shriram Transport Funding
Market price	100 % ⇌
Country	India
ISIN code	INE721A07PB6 ( in INR )
Interest rate	9.3% per year ( payment 1 time a year)
Maturity	22/02/2022 - Bond has expired
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Minimal amount	1 000 INR
Total amount	400 309 000 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 examination of a recently matured fixed-income instrument reveals details pertaining to a bond issued by Shriram Transport Finance, a prominent Non-Banking Financial Company (NBFC) in India widely recognized for its expertise in commercial vehicle financing and asset-backed lending, particularly to small road transport operators. This specific bond, identified by the ISIN code INE721A07PB6, was issued in India and featured a fixed annual interest rate of 9.3%. Denominated in Indian Rupees (INR), the total issue size for this security amounted to INR 400,309,000, with a minimum purchase size set at INR 1,000. The bond, which made annual interest payments, reached its maturity on February 22, 2022, at which point its market price was recorded at 100%, and it has since been fully repaid to investors.