Bond Indya 0% ( IN000943C042 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN000943C042 ( in INR )
Interest rate	0%
Maturity	12/09/2043
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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. The following outlines key characteristics of a sovereign bond issued by the Republic of India, identified by ISIN code IN000943C042. As the issuer, India stands as a major emerging economy with a substantial and growing gross domestic product, a large and dynamic population, and a sovereign rating that reflects its capacity for economic resilience and fiscal management, making its government-issued debt a significant component of global fixed-income portfolios. This specific bond, denominated in Indian Rupees (INR), is currently quoted at 100% of its face value on the market, signifying it trades at par. A distinctive feature of this obligation is its 0% interest rate, indicating that investors holding this instrument will not receive periodic coupon payments. With a reported payment frequency of '1', this structure, combined with its current par pricing, implies a 0% yield to maturity for investors holding the bond until its distant maturity date of September 12, 2043. The bond, categorized as a long-duration instrument, requires a minimum purchase size of 100 units, presumably representing its face value, providing a direct investment avenue into the Indian sovereign debt market.