Bond Indya 0% ( IN001227C015 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN001227C015 ( in INR )
Interest rate	0%
Maturity	07/12/2027
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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 examination of a specific debt instrument, identified by ISIN IN001227C015, offers insights into the sovereign fixed-income market of India, one of the world's fastest-growing major economies; the Republic of India serves as the issuer, representing a vibrant democracy and a significant player in global finance, managing its national debt through the issuance of sovereign bonds to fund its fiscal objectives and development projects, with this particular bond denominated in Indian Rupees (INR) and currently trading at 100% of its face value in the market, signifying it is priced at par. A notable feature is its 0% interest rate, designating it as a zero-coupon bond, which implies that investors do not receive periodic interest payments but rather purchase the bond at a discount to its face value and realize their return from the difference between the purchase price and the principal amount received at maturity, with the bond reaching its maturity on December 7, 2027, and the country of issuance being India itself, reinforcing its sovereign nature; the minimum purchase size for this instrument is established at 100 units, while the indicated 'payment frequency' of '1' for a zero-coupon bond typically refers to the single principal redemption event upon maturity, rather than recurring coupon disbursements, aligning with its non-interest-bearing structure.