Bond Indya 0% ( IN000642C024 ) in INR

Issuer Indya
Market price refresh price now   100 %  ⇌ 
Country  India
ISIN code  IN000642C024 ( in INR )
Interest rate 0%
Maturity 17/06/2042



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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 analysis details a sovereign bond issued by the Republic of India, an instrument offering specific characteristics for investors within the global fixed-income market. The bond, identified by its ISIN code IN000642C024, originates from India, which serves as both the issuer and the country of issuance. As a sovereign entity, India represents a vast and growing economy, ranking among the world's largest by GDP, with its debt instruments backed by the full faith and credit of its government. The nation's economic landscape is characterized by its demographic dividend, robust domestic demand, and a diversified industrial and services base, which underpin the stability and creditworthiness of its governmental obligations. This particular bond is currently quoted at a market price of 100% of its face value, denominated in Indian Rupees (INR). A distinctive feature of this instrument is its 0% interest rate, classifying it as a zero-coupon bond. This means that, unlike traditional bonds that pay periodic interest coupons, investors typically realize their return from the difference between a discounted purchase price and the full principal amount received at maturity. In this specific case, with a current market price at par (100%), the yield implications should be carefully considered for new acquisitions. The minimum purchase size for this bond is established at 100 units. With a long-term maturity date set for June 17, 2042, this instrument provides a single payment frequency, referring to the ultimate principal repayment upon its maturity, consistent with its zero-coupon structure.