Bond Mahindra Finance Bonds 8.6% ( INE774D08LV4 ) in INR

Issuer Mahindra Finance Bonds
Market price 100 %  ⇌ 
Country  India
ISIN code  INE774D08LV4 ( in INR )
Interest rate 8.6% per year ( payment 1 time a year)
Maturity 06/12/2021 - 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.

Issued by Mahindra & Mahindra Financial Services Limited, a prominent Indian non-banking financial company (NBFC) renowned for its extensive financial services including vehicle and tractor financing primarily in rural and semi-urban markets, as well as housing and personal loans, the INR-denominated bond with ISIN INE774D08LV4, which paid an annual coupon rate of 8.6% and was observed at a market price of 100%, successfully reached its maturity date on December 6, 2021, and has since been fully redeemed.