Bond Indya 0% ( IN000826C023 ) in INR
| Issuer | Indya |
| Market price | |
| Country | India
|
| ISIN code |
IN000826C023 ( in INR )
|
| Interest rate | 0% |
| Maturity | 22/08/2026 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| 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, identified by ISIN IN000826C023, represents a sovereign bond issued by the Government of India, a significant emerging market economy based in South Asia, with the issuance country being India itself, this particular fixed-income security being denominated in Indian Rupees (INR), currently trading at 100% of its face value on the market and notably carrying a 0% interest rate, signifying it as a zero-coupon instrument where the return for investors is typically realized from the difference between its acquisition price and its par value at maturity, its maturity date being August 22, 2026, and its stated payment frequency of '1' notwithstanding the absence of periodic interest disbursements due to its zero-coupon nature, with investors receiving the principal amount upon maturity, and a minimum purchase size of 100 units being required for acquisition. |
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