Bond Indya 0% ( IN000943C034 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN000943C034 ( in INR )
Interest rate	0%
Maturity	19/09/2043
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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. Here is the requested article: Analysis of a Long-Term Indian Sovereign Zero-Coupon Bond This article provides an in-depth look at a specific sovereign bond instrument issued by the Republic of India, offering key details pertinent to financial market participants. The issuer, India, stands as one of the world's largest and most rapidly expanding economies, demonstrating robust macroeconomic fundamentals and a sustained trajectory of growth. As a significant emerging market, India's sovereign credit is underpinned by its vast domestic consumption, a young demographic, ongoing structural reforms, and a generally stable political environment. The Reserve Bank of India effectively manages the country's monetary policy, aiming to maintain price stability and foster sustainable economic development, thus contributing to the perceived reliability of its government debt instruments on global markets. The bond under scrutiny, identified by the International Securities Identification Number (ISIN) IN000943C034, is a debt security issued in Indian Rupees (INR), its country of issuance. It is currently observed trading at 100% of its nominal value on the secondary market. A defining characteristic of this instrument is its stated interest rate of 0%, indicating it is a zero-coupon bond. For such bonds, investors typically do not receive periodic interest payments but derive their yield from the difference between the bond's discounted purchase price and its full principal repayment at maturity. In this specific case, with a current market price at par, any yield would depend on the difference between the purchase and ultimate redemption value, or on secondary market trading. The bond features a long-term maturity profile, set to expire on September 19, 2043, offering investors significant duration exposure. While "payment frequency: 1" is noted, in the context of a zero-coupon bond, this refers to the single principal repayment event at the maturity date rather than annual coupon distributions. The minimum purchase size for this bond is stipulated at 100 units, making it accessible to a range of investors.