Bond Indya 0% ( IN002019Y530 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN002019Y530 ( in INR )
Interest rate	0%
Maturity	24/09/2020 - Bond has expired
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Minimal amount	10 000 INR
Total amount	200 000 000 000 INR
Detailed description	India is a vast and diverse South Asian nation with a rich history, diverse cultures, and a rapidly developing economy. The Republic of India, a major global economic power and one of the world's fastest-growing large economies, serving as the sovereign issuer, recently concluded the lifecycle of a specific domestic debt instrument. Identified by the ISIN code IN002019Y530, this particular bond, issued within the Indian domestic market and denominated in Indian Rupees (INR), was characterized by a zero-interest rate, suggesting it was a zero-coupon bond, and was initially offered at 100% of its par value. The total issuance size for this security amounted to 200,000,000,000 INR, with a minimum acquisition threshold of 10,000 INR. While a payment frequency of one was noted, consistent with its zero-coupon nature, no periodic interest payments were disbursed. The bond reached its scheduled maturity date on September 24, 2020, and has since been fully repaid and redeemed by the Government of India, completing its term within the nation's sovereign debt portfolio.