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ItalianoBond Kotak Mahindra Premier Bonds 0% ( INE916DA7QK9 ) in INR
| Issuer | Kotak Mahindra Premier Bonds |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE916DA7QK9 ( in INR )
|
| Interest rate | 0% |
| Maturity | 06/12/2022 - 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 | 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. The bond, identified by its ISIN INE916DA7QK9, was an issuance from Kotak Mahindra Prime, a notable Non-Banking Financial Company (NBFC) under the extensive Kotak Mahindra Group, a leading diversified financial services conglomerate in India. Issued in India and denominated in Indian Rupees (INR), this zero-coupon instrument, characterized by its 0% interest rate and a single payment frequency, had a total issue size of INR 500,000,000. Having matured on December 6, 2022, the bond was successfully redeemed at 100% of its market value, confirming the full repayment to investors. |