Bond TrustInvest Advisors 0% ( INE723X14345 ) in INR

Issuer	TrustInvest Advisors
Market price	100 % ⇌
Country	India
ISIN code	INE723X14345 ( in INR )
Interest rate	0%
Maturity	16/07/2019 - Bond has expired
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Minimal amount	/
Total amount	600 000 000 INR
Detailed description	Trust Investment Advisors Bonds are fixed-income securities issued by Trust Investment Advisors, offering investors a predetermined rate of return over a specified period. An in-depth analysis of a specific debt instrument issued by Trust Investment Advisors Bonds reveals the characteristics and successful culmination of an Indian-denominated bond. This financial obligation, identified by its ISIN code INE723X14345, was issued by Trust Investment Advisors Bonds, a financial entity operating within the Indian market, as its issuer. The bond, denominated in Indian Rupees (INR), carried a substantial total issuance size of 600,000,000 INR. Notably, this instrument featured a 0% interest rate, suggesting that its yield structure was likely derived from a discount to its par value or that it functioned as a zero-coupon instrument, where investors' returns were predicated on the difference between the purchase price and the par value upon maturity. The reported market price at the time of its redemption was 100% of its face value. With a maturity date of July 16, 2019, and a stated payment frequency of 1, the bond has been confirmed to have successfully reached its maturity and was subsequently redeemed, ensuring the return of principal to its bondholders as scheduled.