Bond Indya 0% ( IN000731C017 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN000731C017 ( in INR )
Interest rate	0%
Maturity	02/07/2031
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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 instrument, categorized as a bond and bearing the ISIN code IN000731C017, is an issuance from the Republic of India, a significant sovereign entity recognized as a major emerging economy with a substantial and expanding domestic market and increasing global economic influence, concurrently serving as the country of issuance, which bond is currently observed trading at 100% of its nominal value in the market, denominated in Indian Rupees (INR), notably designed with a 0% interest rate, thereby functioning as a zero-coupon instrument, which implies that the return is embedded in its discounted purchase price relative to its face value at maturity, with a minimum acquisition size stipulated at 100 units, and is slated for maturity on July 2, 2031, featuring a payment frequency of 1, which for this zero-coupon structure signifies a single principal repayment occurring at the maturity date.