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ItalianoBond Kotak Mahindra Premier Bonds 5.2264% ( INE916DA7QT0 ) in INR
| Issuer | Kotak Mahindra Premier Bonds |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE916DA7QT0 ( in INR )
|
| Interest rate | 5.2264% per year ( payment 1 time a year) |
| Maturity | 05/08/2022 - 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 | 3 000 000 000 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, a key non-banking financial company (NBFC) based in India and part of the renowned Kotak Mahindra Group, has successfully concluded the lifecycle of its INR-denominated bond, ISIN INE916DA7QT0, which recently matured and was fully redeemed. This specific debt instrument, issued for a total size of INR 3,000,000,000, bore an interest rate of 5.2264% and reached its maturity date on August 5, 2022, at which point it was repaid at 100% of its market value, aligning with its predefined payment schedule. |