Bond Indya 0% ( IN001241C016 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN001241C016 ( in INR )
Interest rate	0%
Maturity	31/12/2041
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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 Republic of India, a sovereign entity and one of the world's fastest-growing major economies, has issued a long-term debt instrument under ISIN IN001241C016, denominated in its national currency, the Indian Rupee (INR). This particular obligation is structured as a zero-coupon bond, featuring a stated interest rate of 0%, indicating that investor returns are typically realized from the discount at which it is purchased relative to its par value at maturity. The bond is currently reported to be trading at 100% of its par value on the market, with a definitive maturity date of December 31, 2041. Investors can acquire this instrument with a minimum purchase size of 100 units, and while the payment frequency is listed as '1', this signifies the single principal repayment made at the bond's maturity, as no periodic interest distributions occur.