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ItalianoBond Kotak Mahindra Premier Bonds 0% ( INE916DA7PQ8 ) in INR
| Issuer | Kotak Mahindra Premier Bonds |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE916DA7PQ8 ( in INR )
|
| Interest rate | 0% |
| Maturity | 14/04/2020 - 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 | 4 460 000 000 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. The INE916DA7PQ8 bond, a zero-coupon obligation denominated in Indian Rupees (INR) with a total issue size of 4.46 billion, was issued by Kotak Mahindra Prime Ltd., a prominent Indian non-banking financial company (NBFC) and a significant subsidiary of the well-established Kotak Mahindra Bank, which holds a substantial market presence in vehicle finance and other lending activities; this Indian-issued bond reached its scheduled maturity on April 14, 2020, and has since been fully redeemed at its 100% par value, confirming its successful repayment. |