Bond Kotak Mahindra Premier Bonds 5.15% ( INE916DA7QQ6 ) in INR

Issuer Kotak Mahindra Premier Bonds
Market price 100 %  ⇌ 
Country  India
ISIN code  INE916DA7QQ6 ( in INR )
Interest rate 5.15% per year ( payment 1 time a year)
Maturity 28/09/2022 - Bond has expired



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Minimal amount /
Total amount 4 500 000 000 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.

An analysis of the recently matured fixed-income instrument, ISIN INE916DA7QQ6, issued by Kotak Mahindra Prime Bond ? an entity operating within the broader Kotak Mahindra financial services group in India ? confirms its full redemption; this Indian Rupee (INR) denominated bond, initially issued with a total size of INR 4,500,000,000 and featuring an annual interest rate of 5.15%, reached its scheduled maturity on September 28, 2022, and was subsequently repaid at 100% of its face value, reflecting a completed investment cycle.