Bond Indya 0% ( IN002022Z242 ) in INR
| Issuer | Indya |
| Market price | 100 % ⇌ |
| Country | India
|
| ISIN code |
IN002022Z242 ( in INR )
|
| Interest rate | 0% |
| Maturity | 14/09/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 100 INR |
| Total amount | 104 683 900 000 INR |
| Detailed description |
India is a vast and diverse South Asian nation with a rich history, diverse cultures, and a rapidly developing economy. This financial article details the specifics of a sovereign bond, ISIN IN002022Z242, issued by the Government of India, a major global economy leveraging its bond market for fiscal management; this zero-coupon instrument, characterized by its 0% interest rate and denominated in Indian Rupees (INR), had a total issuance size of INR 104,683,900,000 with a minimum purchase size of INR 100, and having reached its maturity on September 14, 2023, it was successfully redeemed at 100% of its face value, signifying the full repayment of principal to its bondholders as scheduled. |
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