Bond Indya 0% ( IN002023Z125 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN002023Z125 ( in INR )
Interest rate	0%
Maturity	13/06/2024 - Bond has expired
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Minimal amount	100 INR
Total amount	129 100 500 000 INR
Detailed description	India is a vast and diverse South Asian nation with a rich history, diverse cultures, and a rapidly developing economy. The Indian sovereign bond, identified by ISIN IN002023Z125, has successfully reached its maturity on June 13, 2024, and subsequently been repaid at its current market price of 100% in Indian Rupees (INR), confirming its full redemption, an event which underscores the financial reliability of its issuer, the Republic of India. As a significant player in global debt markets, India, characterized by its robust and expanding economy and its status as one of the world's largest democracies, regularly issues such instruments to manage national finances and fund public projects, thereby reinforcing investor confidence through the timely fulfillment of its financial commitments. This specific zero-coupon bond, originating from India as its country of issuance, carried a substantial total issue size of INR 129,100,500,000 and was made accessible with a minimum purchase size of INR 100, demonstrating a significant and accessible component of the nation's debt portfolio, with its single payment frequency signifying the principal repayment upon maturity.