Bond Indya 0% ( IN000261C015 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN000261C015 ( in INR )
Interest rate	0%
Maturity	22/02/2061
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Minimal amount	100 INR
Total amount	/
Detailed description	India is a vast and diverse South Asian nation with a rich history, diverse cultures, and a rapidly developing economy. This financial article examines a sovereign bond identified by the International Securities Identification Number (ISIN) IN000261C015. The issuer of this debt instrument is the Republic of India, a significant and rapidly growing global economy, whose sovereign bonds are a cornerstone of its financial markets and a reflection of its national credit profile. This bond, issued domestically within India, is currently observed to be trading at par, specifically at 100% of its face value, and is denominated in the local currency, Indian Rupees (INR). A critical feature of this instrument is its zero-coupon rate, indicating that it does not generate periodic interest payments for bondholders. Instead, the return on investment for such a bond is typically realized through the difference between its purchase price (often at a discount) and its full redemption value at maturity. The bond is characterized by a long-term maturity profile, set for February 22, 2061. The minimum acquisition quantity for this particular bond is established at 100 units. Furthermore, despite its zero-coupon nature, the listed payment frequency of '1' signifies that the entire principal amount, along with any accrued value, is disbursed as a single lump sum upon the bond's maturity date.