Bond Indya 0% ( IN000639C038 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN000639C038 ( in INR )
Interest rate	0%
Maturity	12/06/2039
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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. The Government of India, a sovereign entity with a robust and growing economy, has issued a specific bond (ISIN: IN000639C038) denominated in Indian Rupees (INR), underscoring its commitment to developing its domestic financial markets and providing opportunities for investors to gain exposure to the nation's economic trajectory. This particular bond, a sovereign obligation, is a zero-coupon instrument, meaning it carries a stated interest rate of 0%, and is currently trading at 100% of its face value on the market, implying that from its present price, it offers a yield to maturity of zero for investors holding it until its long-term maturity date of June 12, 2039. The payment frequency, listed as 1, refers to the single principal repayment at maturity, consistent with the characteristics of a zero-coupon bond where returns are typically realized from the difference between the purchase price and the par value at redemption, although in this specific instance, being at par, no such capital appreciation from the current price is implied. With a minimum purchase size set at 100 units, this bond allows for participation in India's sovereign debt market, offering a unique, long-dated exposure without periodic income, suitable for investors seeking capital preservation or specific portfolio diversification within a sovereign framework.