Bond Indya 0% ( IN002020X449 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN002020X449 ( in INR )
Interest rate	0%
Maturity	22/04/2021 - Bond has expired
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Minimal amount	100 INR
Total amount	40 000 000 000 INR
Detailed description	India is a vast and diverse South Asian nation with a rich history, diverse cultures, and a rapidly developing economy. A zero-coupon sovereign bond, identified by ISIN IN002020X449 and issued by the Government of India?the sovereign entity responsible for the world's fifth-largest economy and a significant player in global emerging markets?reached its scheduled maturity on April 22, 2021. This Indian Rupee (INR) denominated obligation, which featured a 0% interest rate reflective of its zero-coupon structure, was successfully redeemed at its 100% par value, having completed its lifecycle within the market. The total size of this particular issuance was INR 40,000,000,000, with a minimal purchase threshold set at INR 100, thereby concluding its term as a fully settled financial instrument.