Bond Mahindra Finance Bonds 8.7763% ( INE774D07MR2 ) in INR

Issuer Mahindra Finance Bonds
Market price 100 %  ⇌ 
Country  India
ISIN code  INE774D07MR2 ( in INR )
Interest rate 8.7763% per year ( payment 1 time a year)
Maturity 10/04/2017 - 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.

The financial instrument, an obligation (bond) issued by Mahindra & Mahindra Financial Services Limited, a leading non-banking financial company operating across India and a key entity within the diversified Mahindra Group, successfully concluded its lifecycle by reaching its maturity date of April 10, 2017, and has subsequently been fully redeemed; this specific bond, identifiable by its ISIN Code INE774D07MR2, originated from India and was denominated in Indian Rupees (INR), offering an attractive annual interest rate of 8.7763% with a payment frequency of one per year, and upon its maturity, the bond was settled at a market price of 100% of its face value, confirming that the principal amount was fully repaid to investors as per the terms, thereby completing its cycle in the financial markets.