Bond Mahindra Finance Bonds 8.6967% ( INE774D07OQ0 ) in INR

Issuer Mahindra Finance Bonds
Market price 100 %  ⇌ 
Country  India
ISIN code  INE774D07OQ0 ( in INR )
Interest rate 8.6967% per year ( payment 1 time a year)
Maturity 26/03/2019 - 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 INE774D07OQ0 bond, an Indian Rupee (INR) denominated debt instrument that carried a fixed coupon rate of 8.6967%, successfully reached its maturity on March 26, 2019, at which point it was fully redeemed at 100% of its par value by the issuer, Mahindra & Mahindra Financial Services, a leading non-banking financial company (NBFC) in India that serves as a core component of the diversified Mahindra Group, specializing in vehicle and tractor financing along with a broad range of financial solutions primarily in rural and semi-urban markets.