Bond Indya 0% ( IN000653C039 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN000653C039 ( in INR )
Interest rate	0%
Maturity	16/06/2053
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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. An examination of the sovereign debt market reveals a specific bond, identified by ISIN IN000653C039, issued by the Republic of India, a rapidly expanding global economic power and the world's most populous democracy. This long-dated obligation, denominated in Indian Rupees (INR) and originating from India's domestic financial landscape, is presently valued at 100% of its par. Characterized as a zero-coupon instrument, it features a 0% interest rate, indicating no periodic coupon payments; instead, investors will receive a single principal repayment upon its maturity on June 16, 2053, with a minimum acquisition threshold set at 100 units.