Shriram Transport Finance Company Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE721A07QK5, with a face value of ₹10,00,000 rs on 17Jun21 to raise 1600 crores. The debt instrument is issued with a coupon rate of 3M TBILL LINKED and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is (3M TBILL+SPREAD) SECURED RATED LISTED NON - CONVERTIBLE DEBENTURE.SERIES - STFCL PP 2021-22 K-03 OPTION 2.DATE OF MATURITY 16/06/2023. This instrument is issued in Public Issue mode. It has Simple coupon type with Partial Redemption By Quantity option. The Debenture is listed on BSE stock exchange on 21Jun21. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to this Debenture on 07Dec20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.