Mahindra & Mahindra Financial Services Limited - INE774D07UG8
Microfinance
corporate
Coupon Rate
7.45%
Maturity Date
17 Nov 2031
ISIN
INE774D07UG8
Face Value
₹10,00,000
About Issue
This AAA rated bond from Mahindra & Mahindra Financial Services Limited, a corporate, offers a Fixed coupon of 7.45% with maturity on 17 November 2031. Issued through the Private placement as under ISIN INE774D07UG8, this is one of the highest-rated credit instruments, representing maximum safety and stability. Ideal for conservative investors prioritizing capital protection without compromising on returns, while aiming for superior yields compared to traditional FDs or government securities.
Key Attributes
Rating
CARE AAA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
375.00 Cr
Allotment Date
28 Mar 2022
Remaining Tenure
6Y 5M
Security Name
MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED SR AF2021 7.45 NCD 17NV31 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AAA (Stable)
Date of Rating
09 Oct 2024
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