Bond Indya 0% ( IN002021Y239 ) in INR

Issuer Indya
Market price 100 %  ⇌ 
Country  India
ISIN code  IN002021Y239 ( in INR )
Interest rate 0%
Maturity 03/03/2022 - 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 specific financial instrument, identified by its ISIN code IN002021Y239, recently completed its lifecycle within the sovereign debt market, having been issued by India, a prominent global economic power and a significant sovereign issuer in international debt markets. As a major emerging economy, India regularly accesses both domestic and international capital markets to finance its fiscal requirements, support infrastructure development, and manage its public debt profile, with its debt instruments being a notable component for investors seeking exposure to the region's economic growth. This particular obligation, denominated in Indian Rupees (INR), represented a substantial capital raise with an original total issue size of 40,000,000,000 INR. A distinctive feature of this bond was its zero-coupon structure, indicated by an interest rate of 0%, which implied that investors purchased the bond at a discount to its face value and received the full principal amount at maturity, rather than periodic interest payments. This structure was further underscored by a payment frequency of 1, confirming that a single lump sum payment, representing the principal, was made at the end of the term. The minimum purchase size for this bond was set at 100 INR, potentially allowing for broader participation in the issuance. The bond reached its specified maturity date on March 3, 2022, at which point its market price stood at 100% of its face value. Following its maturity, this bond has been fully redeemed, signifying the successful fulfillment of the issuer's financial obligation to its bondholders and concluding this particular debt instrument's financial journey.