BOND DETAILS

Mahindra And Mahindra Financial Services Limited 8.24% Bond · 6 Oct 2034

INE774D08MX8UnsecuredReported as listed
Annual coupon rate8.24%On face value · not yield
Maturity date6 Oct 2034
8.0 years left
Face value per bond₹1,00,000Not a market price or minimum order
Credit rating
AAACRISIL RATINGS LIMITED · 25 Apr 2024

Bond terms

Coupon frequency
Annual
Interest type
Fixed Interest
Face value
₹1,00,000
Allotment date
8 Oct 2024
Security
Unsecured
Seniority
Subordinate Tier 2
Day-count convention
Actual/actual
Reported tax category
Taxable

Interest & repayment

Interest payments

Once a year

Redemption terms

Full Redemption

Call provisions

Call terms are not available. Check whether the issuer can repay the bond early.

Put provisions

Put terms are not available. Check whether you can request early repayment.

Credit ratings

AGENCYRATINGRATING DATEOUTLOOK
CRISIL RATINGS LIMITEDAAA25 Apr 2024Not available

Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings

Issuer & listing details

Issuer
Mahindra And Mahindra Financial Services Limited
ISIN
INE774D08MX8
Debenture trustee
Axis Trustee Services Limited
Registrar
KFIN TECHNOLOGIES PRIVATE LIMITED
NSE · reported status
To be listed
BSE · reported status
Listed
Security name
MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED SR BBB2024 8.24 NCD 06OT34 FVRS1LAC
Bond description
8.24% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTRUE SUBORINATED TIER II SERIES BBB2024 DATE OF MATURITY 06/10/2034