Bond Indya 0% ( IN002019Y498 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN002019Y498 ( in INR )
Interest rate	0%
Maturity	27/08/2020 - Bond has expired
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Minimal amount	10 000 INR
Total amount	100 000 000 000 INR
Detailed description	India is a vast and diverse South Asian nation with a rich history, diverse cultures, and a rapidly developing economy. ISIN IN002019Y498 identifies a sovereign bond issued by the Government of India, a prominent emerging market and a key player in the global financial landscape, which reached its maturity on August 27, 2020, and has since been fully repaid. Denominated in Indian Rupees (INR), this instrument represented a total issuance size of INR 100,000,000,000 with a minimum subscription threshold of INR 10,000. Notable for its 0% stated interest rate, suggesting a zero-coupon structure or a principal-only repayment mechanism, the bond's single payment frequency indicates the full principal settlement occurred at its maturity date, at which point it was reimbursed at 100% of its par value.