Bond Indya 0% ( IN000834C019 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN000834C019 ( in INR )
Interest rate	0%
Maturity	10/08/2034
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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. A detailed analysis of the Indian sovereign debt market reveals the issuance of a specific bond identified by its International Securities Identification Number (ISIN) IN000834C019. The issuer of this particular financial instrument is India, a prominent global economy and a key player in emerging markets, whose government bond issuances are backed by the full faith and credit of the nation, reflecting its fiscal policy, economic growth prospects, and credit standing in the international financial landscape. This bond is denominated in the local currency, the Indian Rupee (INR), and was issued within India, underscoring its domestic market origin. A distinctive feature of this bond is its zero-coupon nature, indicated by an interest rate of 0%. This means that investors will not receive periodic interest payments throughout the bond's life. While zero-coupon bonds are typically purchased at a discount to their face value with the investor's return derived from the appreciation to par at maturity, the current market price of 100% of its par value for this specific instrument implies that, if purchased at this price and held to maturity, no capital appreciation or interest income would be realized, suggesting a unique purpose for this sovereign issuance. The bond is slated to mature on August 10, 2034, providing a long-term horizon for the capital to be returned. Although it is a zero-coupon bond, the "payment frequency" noted as 1 refers to the single principal repayment at maturity. Investors interested in acquiring this security should note the minimum purchase size of 100 units, facilitating accessibility for various investment profiles. This instrument represents a direct exposure to India's long-term economic trajectory and its commitment to meeting its sovereign debt obligations.