Bond Mahindra Finance Bonds 9.05% ( INE774D07SS7 ) in INR

Issuer Mahindra Finance Bonds
Market price 100 %  ⇌ 
Country  India
ISIN code  INE774D07SS7 ( in INR )
Interest rate 9.05% per year ( payment 1 time a year)
Maturity 18/04/2022 - 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.

This financial article details the specifics of the now-matured debt instrument, ISIN code INE774D07SS7, issued by Mahindra & Mahindra Financial Services Limited, a prominent Indian non-banking financial company (NBFC) and a key subsidiary of the diversified Mahindra Group, renowned for its extensive financial service offerings, particularly across rural and semi-urban markets in India. This bond, denominated in Indian Rupees (INR), carried an annual interest rate of 9.05% and was characterized by an annual payment frequency. Originating from India, the instrument achieved its maturity on April 18, 2022, at which point it was fully repaid to investors at its par value, aligning with its reported market price of 100% prior to its redemption, confirming its successful settlement.