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ItalianoBond Kotak Mahindra Premier Bonds 0% ( INE916DA7MW3 ) in INR
| Issuer | Kotak Mahindra Premier Bonds |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE916DA7MW3 ( in INR )
|
| Interest rate | 0% |
| Maturity | 20/03/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | / |
| Total amount | 485 000 000 INR |
| Detailed description |
Kotak Mahindra Prime Bond is a fixed-income investment offering a fixed interest rate for a specified tenure, providing investors with predictable returns and capital protection at maturity. Kotak Mahindra Prime Bond, an issuer operating from India, originated a debt instrument identified by ISIN INE916DA7MW3. This particular bond, issued in India and denominated in Indian Rupees (INR), constituted a total issuance size of 485,000,000 INR. Notably, it carried a 0% interest rate, signifying a zero-coupon structure where the principal amount was the singular payment at maturity rather than periodic interest distributions. The bond's maturity date was March 20, 2020, and its market price was quoted at 100% prior to its expiration. As of its maturity date, the bond has been fully repaid and extinguished from the market. |