Bond Indya 0% ( IN000343C045 ) in INR
| Issuer | Indya |
| Market price | |
| Country | India
|
| ISIN code |
IN000343C045 ( in INR )
|
| Interest rate | 0% |
| Maturity | 12/03/2043 |
|
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 article details a sovereign bond issued by the Republic of India, identified by ISIN IN000343C045. As a major global economy and a significant participant in emerging markets, India's sovereign debt instruments are closely watched by international investors. This particular bond, denominated in Indian Rupees (INR) and issued under Indian jurisdiction, carries a stated interest rate of 0%, characteristic of a zero-coupon instrument where investor returns are typically realized from the discount at which the bond is purchased relative to its par value. While its current market price is reported at 100% of its face value, reflecting its trading position, the bond is designed for a long-term holding period, with a maturity date set for March 12, 2043. Consistent with its zero-coupon nature, the instrument is structured for a single payment event at maturity, and it has a minimum purchase size of 100 units. |
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