Bond Indya 0% ( IN000930C015 ) in INR
| Issuer | Indya |
| Market price | |
| Country | India
|
| ISIN code |
IN000930C015 ( in INR )
|
| Interest rate | 0% |
| Maturity | 09/09/2030 |
|
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, a bond identified by ISIN IN000930C015, is issued by the Republic of India, a prominent sovereign entity recognized for its significant economic growth, large domestic market, and increasing global influence, which collectively underpin the creditworthiness of its government debt. The bond, originated and denominated in Indian Rupees (INR) within India, is currently quoted at 100% of its face value on the market; it uniquely features a 0% interest rate, characteristic of a zero-coupon bond where investor returns are realized through the difference between the purchase price and the full principal amount received at its maturity on September 9, 2030, with a minimum acquisition size set at 100 units and a frequency of payment indicated as 1, signifying a single lump-sum principal repayment on the maturity date. |
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