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ItalianoBond Kotak Mahindra Premier Bonds 5% ( INE916DA7QS2 ) in INR
| Issuer | Kotak Mahindra Premier Bonds |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE916DA7QS2 ( in INR )
|
| Interest rate | 5% per year ( payment 1 time a year) |
| Maturity | 20/12/2023 - 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 | 9 000 000 000 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. The Indian Rupee-denominated bond, identified by ISIN INE916DA7QS2, issued by Kotak Mahindra Prime Bond, an entity operating as a non-banking financial company (NBFC) and a subsidiary within the prominent Indian financial services conglomerate Kotak Mahindra Group, reached its maturity on December 20, 2023, and was subsequently redeemed, having been originally issued in India with a 5% annual coupon rate, representing a total issue size of INR 9,000,000,000, and having concluded its tenure at a market price of 100%, signifying the full return of principal to its bondholders. |