Bond Apex Finance Bonds 6.05% ( INE891K07747 ) in INR
| Issuer | Apex Finance Bonds |
| Market price | 100 % ⇌ |
| Country | India
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| ISIN code |
INE891K07747 ( in INR )
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| Interest rate | 6.05% per year ( payment 1 time a year) |
| Maturity | 17/12/2024 - Bond has expired |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
Axis Finance Bonds are debt securities issued by Axis Finance, offering investors fixed income with varying maturities and interest rates. The fixed-income market recently observed the successful maturity and subsequent redemption of the bond identified by ISIN INE891K07747, issued by Axis Finance Bonds. As a significant Non-Banking Financial Company (NBFC) operating within India and a subsidiary of the prominent Axis Bank, Axis Finance specializes in providing a diverse portfolio of financial services, including various lending and financing solutions across the country. This particular debt instrument, denominated in Indian Rupees (INR), featured an annual coupon rate of 6.05% and reached its scheduled maturity date on December 17, 2024. Confirming a sound conclusion to its lifecycle, the bond was fully repaid at its par value, ensuring investors received 100% of their principal amount upon its maturity, thus fulfilling the issuer's financial commitment. |
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