Bond Indya 0% ( IN001241C057 ) in INR
| Issuer | Indya |
| Market price | |
| Country | India
|
| ISIN code |
IN001241C057 ( in INR )
|
| Interest rate | 0% |
| Maturity | 23/12/2041 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| 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. Detailed analysis reveals a sovereign bond, identified by ISIN IN001241C057, issued by the Republic of India, a significant global economic power and a leading emerging market whose robust economic fundamentals, large domestic market, and growing infrastructure underpin its sovereign credit profile; this specific financial instrument, denominated in Indian Rupees (INR), is notably structured as a zero-coupon bond, signifying no periodic interest payments, and is presently quoted at 100% of its face value on the market, requiring a minimum investment of 100 units, with its final maturity date set for December 23, 2041, whereupon a single principal payment is due, which, coupled with its 0% stated interest rate, implies that investors acquiring this bond at its current market price and holding it until maturity would not accrue traditional coupon-based returns. |
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