BOMBAY, May 13 (Reuters) - India's Mahindra & Mahindra Financial Services Ltd raised 1.1 billion rupees by securitising some receivables from loans for buying cars and utility vehicles, debt dealers said on Thursday.
The receivables have a door-to-door maturity of 36 months with an average maturity of 14.48 months. The annualised yield is 5.50 percent.
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