Bond Indya 0% ( IN000640C044 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN000640C044 ( in INR )
Interest rate	0%
Maturity	15/06/2040
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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 prominent sovereign issuer in the global emerging markets, representing a key player in the Asian financial landscape with debt instruments backed by the full faith and credit of the nation, has issued a bond identified by ISIN IN000640C044. This debt instrument, denominated in Indian Rupees (INR) and currently trading at 100% of its face value, is structured as a zero-coupon bond, meaning it features a 0% interest rate and consequently offers no periodic interest payments. With its maturity set for June 15, 2040, and a current market price at par, investors purchasing at this price would not realize a yield from coupon payments or a capital gain from a discount at issuance. The minimum tradable lot for this bond is 100 units.