Bond Indya 0% ( IN002021Y304 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN002021Y304 ( in INR )
Interest rate	0%
Maturity	21/04/2022 - Bond has expired
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Minimal amount	100 INR
Total amount	30 000 000 000 INR
Detailed description	India is a vast and diverse South Asian nation with a rich history, diverse cultures, and a rapidly developing economy. A recent examination of sovereign debt instruments highlights the successful conclusion of an Indian government bond, identified by its ISIN code IN002021Y304. Issued by the Republic of India, a global economic powerhouse and a significant player in the international financial landscape, this particular bond exemplifies the nation's active participation in the debt markets, leveraging its growing economy and robust financial framework to raise capital. As both the issuer and country of issuance, India is a recognized sovereign entity whose bonds are part of a diverse portfolio of offerings to global and domestic investors. This specific obligation, a zero-coupon bond, carried an interest rate of 0%, meaning investors' returns were realized from the discount at which the bond was originally purchased relative to its par value at redemption, rather than through periodic interest payments. The total size of this particular issuance amounted to INR 30,000,000,000, with a minimum investment threshold set at INR 100, allowing for broad investor participation. This debt instrument reached its maturity on April 21, 2022, and was subsequently fully repaid to its bondholders at 100% of its face value, affirming India's commitment to meeting its financial obligations promptly upon maturity.