Bond Mahindra Finance Bonds 8.7072% ( INE774D07LM5 ) in INR
| Issuer | Mahindra Finance Bonds |
| Market price | 100 % ⇌ |
| Country | India
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| ISIN code |
INE774D07LM5 ( in INR )
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| Interest rate | 8.7072% per year ( payment 1 time a year) |
| Maturity | 19/04/2018 - Bond has expired |
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| Minimal amount | / |
| Total amount | / |
| 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. The INE774D07LM5 bond, a debt instrument issued by Mahindra & Mahindra Financial Services, a prominent Non-Banking Financial Company (NBFC) based in India and a key subsidiary of the diversified Mahindra Group specializing in financial solutions for rural and semi-urban sectors, successfully matured and was fully repaid on April 19, 2018; denominated in Indian Rupees (INR), this bond offered an annual coupon rate of 8.7072%, with the principal amount repaid at par upon its scheduled maturity. |
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