Bond Mahindra Finance Bonds 8.8871% ( INE774D07KP0 ) in INR

Issuer	Mahindra Finance Bonds
Market price	100 % ⇌
Country	India
ISIN code	INE774D07KP0 ( in INR )
Interest rate	8.8871% per year ( payment 1 time a year)
Maturity	16/11/2017 - Bond has expired
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Detailed description	Mahindra & Mahindra Financial Services Bonds are debt instruments issued by Mahindra & Mahindra Financial Services Limited, offering investors a fixed income with varying maturities and interest rates, typically considered moderately risky. An analysis of the financial instrument identified by ISIN code INE774D07KP0 pertains to a bond issued by Mahindra & Mahindra Financial Services Limited, a prominent non-banking financial company (NBFC) based in India. As a key constituent of the diversified Mahindra Group, Mahindra & Mahindra Financial Services Limited holds a significant position in India's financial sector, primarily specializing in providing vehicle and tractor financing, housing finance, and SME loans, with a strong focus on serving rural and semi-urban populations, thereby playing a crucial role in fostering financial inclusion across the nation. This particular bond, denominated in Indian Rupees (INR) and issued from India, featured an annual interest rate of 8.8871% and a payment frequency of once per year; its market price was noted at 100% prior to its conclusion. The bond successfully reached its maturity date on November 16, 2017, and has since been fully repaid, concluding its lifecycle as a redeemed debt instrument.