Bond Mahindra Finance Bonds 10.5% ( INE774D08KX2 ) in INR

Issuer Mahindra Finance Bonds
Market price 100 %  ⇌ 
Country  India
ISIN code  INE774D08KX2 ( in INR )
Interest rate 10.5% per year ( payment 1 time a year)
Maturity 13/12/2021 - 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 prominent Indian non-banking financial company specializing in vehicle and tractor financing, small and medium enterprise (SME) loans, and housing finance, saw its INE774D08KX2 bond, an Indian Rupee (INR)-denominated instrument issued at 100% of its face value with an annual coupon rate of 10.5%, reach its maturity on December 13, 2021, and subsequently be fully redeemed.