Bond Mahindra Finance Bonds 0% ( INE774D07LY0 ) in INR

Issuer Mahindra Finance Bonds
Market price 100 %  ⇌ 
Country  India
ISIN code  INE774D07LY0 ( in INR )
Interest rate 0%
Maturity 24/07/2017 - 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.

Mahindra & Mahindra Financial Services, a key Non-Banking Financial Company within India's diversified Mahindra Group renowned for its widespread financial services, particularly in vehicle and tractor financing across rural and semi-urban sectors, issued the INE774D07LY0 bond in Indian Rupees, which, despite carrying a zero-coupon interest rate and trading at 100% of its face value prior to its resolution, has successfully reached its maturity date on July 24, 2017, and has since been fully repaid.