Bond Indya 0% ( IN001261C014 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN001261C014 ( in INR )
Interest rate	0%
Maturity	16/12/2061
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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. This financial article details a specific sovereign bond issued by India, identified by the ISIN code IN001261C014. As the issuer, India is a significant and growing global economy, and its sovereign debt instruments are generally considered to reflect the nation's overall economic stability, fiscal policy, and creditworthiness. The bond is exclusively issued in India and is denominated in its local currency, the Indian Rupee (INR), thereby integrating it deeply within the domestic financial landscape and providing direct exposure to the country's economic performance. A defining characteristic of this debt instrument is its exceptionally long maturity date of December 16, 2061, positioning it as a very long-term obligation with a horizon extending over four decades. Furthermore, the bond distinctly features a 0% interest rate, indicating that it does not provide periodic coupon payments to investors. Despite this zero-coupon characteristic, its current market price is quoted at 100% of its par value, implying that investors acquiring the bond at present would do so at face value. With a reported payment frequency of '1', which in the context of a non-coupon-paying instrument likely signifies a single principal redemption at maturity, the bond effectively offers a 0% yield to maturity if held until its distant redemption date. This specific pricing structure for such a long-dated instrument, implying no direct return on investment when purchased at par, is highly unusual in conventional fixed-income markets and may suggest a specific purpose or particular investor base, potentially related to regulatory requirements or unique market conditions rather than standard yield-seeking investment. The minimum purchase size for this bond is set at 100 units, making it accessible for various investment scales, and as a direct obligation of the Indian government, it represents sovereign credit exposure and offers insight into the country's long-term financing strategies within its domestic market.