Bond Indya 0% ( IN000828C011 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN000828C011 ( in INR )
Interest rate	0%
Maturity	10/08/2028
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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 major sovereign issuer representing one of the world's fastest-growing large economies, has an outstanding debt instrument, ISIN IN000828C011, maturing on August 10, 2028, which is denominated in Indian Rupees (INR) and currently trades at 100% of its par value; this specific bond is a zero-coupon security, implying it pays no periodic interest, with its 'payment frequency of 1' likely denoting the single principal repayment at maturity, and its current pricing at par combined with the 0% interest rate suggests a zero yield to maturity for investors holding until its 2028 redemption, presenting a distinctive characteristic for a sovereign financial product available with a minimum purchase size of 100 units.