Bond Indya 0% ( IN000334C051 ) in INR
| Issuer | Indya |
| Market price | |
| Country | India
|
| ISIN code |
IN000334C051 ( in INR )
|
| Interest rate | 0% |
| Maturity | 12/03/2034 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| 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 instrument, an obligation identified by ISIN IN000334C051, constitutes a sovereign bond issued by the Republic of India, which serves as both the issuer and country of issuance, reflecting its standing as a significant emerging economy and the guarantor of this debt, currently trading at 100% of its face value and denominated in Indian Rupees (INR), notably featuring a 0% interest rate, indicating its nature as a zero-coupon bond where investors typically acquire it at a discount and receive the full principal amount upon its maturity on March 12, 2034, with the return generated from the capital appreciation, requiring a minimum purchase size of 100 units, and structured with a single payment upon maturity consistent with its zero-coupon characteristic. |
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