Bond Indya 0% ( IN000649C011 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN000649C011 ( in INR )
Interest rate	0%
Maturity	17/06/2049
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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 Republic of India, a prominent and rapidly growing emerging economy, issues sovereign debt instruments to finance its national development and budgetary needs, with such bonds being a key component of its public finance strategy and a significant asset for global investors. One such instrument is identified by ISIN IN000649C011, classified as a sovereign obligation (bond) issued by India itself within its domestic market, with the Indian Rupee (INR) as its denominated currency. This particular bond stands out due to its 0% coupon rate, signifying it as a zero-coupon bond, meaning investors do not receive periodic interest payments; instead, the bond is typically purchased at a discount and redeemed at its full face value upon maturity, with the investment return derived from the capital appreciation. Its current market price is quoted at 100% (par), and it features a long-term maturity profile extending until June 17, 2049. The stated payment frequency of '1' for a zero-coupon bond typically refers to the single principal repayment made at its maturity. For potential investors, the minimum purchase size for this security is set at 100 units, providing an accessible entry point into India's sovereign debt market.