Bond Mahindra Finance Bonds 8.8062% ( INE774D07MO9 ) in INR

Issuer Mahindra Finance Bonds
Market price 100 %  ⇌ 
Country  India
ISIN code  INE774D07MO9 ( in INR )
Interest rate 8.8062% per year ( payment 1 time a year)
Maturity 20/06/2017 - 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.

In a recent market update, the bond with ISIN code INE774D07MO9, issued by Mahindra & Mahindra Financial Services, a significant non-banking financial company (NBFC) within India's diversified Mahindra Group recognized for its substantial engagement in rural and semi-urban financing, has successfully reached its maturity on June 20, 2017, and undergone redemption at its 100% market value in Indian Rupees (INR), having previously offered an 8.8062% interest rate with an annual payment frequency.