Bond Indya 0% ( IN001241C040 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN001241C040 ( in INR )
Interest rate	0%
Maturity	15/12/2041
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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. A comprehensive review of the Indian sovereign debt market highlights a specific government security, ISIN IN001241C040, issued by India, a prominent and rapidly developing emerging market economy recognized for its significant global financial presence and role as a stable sovereign borrower; this particular long-term bond, denominated in Indian Rupees (INR) and currently trading at 100% of its face value, is notably characterized as a zero-coupon instrument with a stated interest rate of 0%, implying no periodic coupon payments, and features a distant maturity date of December 15, 2041, with a minimum purchase threshold set at 100 units, making it a distinctive component within the Indian fixed-income landscape.