Bond Indya 0% ( IN002020X308 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN002020X308 ( in INR )
Interest rate	0%
Maturity	21/01/2021 - Bond has expired
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Minimal amount	100 INR
Total amount	90 000 000 000 INR
Detailed description	India is a vast and diverse South Asian nation with a rich history, diverse cultures, and a rapidly developing economy. A specific financial instrument, the zero-coupon bond identified by ISIN IN002020X308, was issued by the sovereign nation of India, the world's fifth-largest economy and a significant player in emerging markets, also serving as the country of issuance. Denominated in Indian Rupees (INR), this bond represented a total issuance size of INR 90,000,000,000 (ninety billion) and was characterized by a 0% interest rate, implying it was designed to be acquired at a discount and repaid at its face value upon maturity. With a minimum purchase size of INR 100 and a maturity date of January 21, 2021, this obligation, featuring a singular principal payment at the end of its term, has since successfully reached its full maturity and been redeemed at 100% of its face value, thereby completing its lifecycle in the financial market.