Bond PowerFin Corp 5.75% ( INE134E07794 ) in INR

Issuer	PowerFin Corp
Market price	100 % ⇌
Country	India
ISIN code	INE134E07794 ( in INR )
Interest rate	5.75% per year ( payment 1 time a year)
Maturity	31/03/2024 - Bond has expired
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Minimal amount	10 000 INR
Total amount	1 453 770 000 INR
Detailed description	Power Finance Corporation Limited (PFC) is an Indian government-owned non-banking financial company (NBFC) that primarily provides financial assistance to the power sector. The bond, identified by ISIN code INE134E07794, originated from Power Finance Corporation (PFC), a preeminent Maharatna Public Sector Undertaking operating under the Ministry of Power, Government of India, and serving as a cornerstone financier for the nation's critical power infrastructure projects spanning generation, transmission, and distribution. This Indian Rupee (INR) denominated obligation, which commanded a fixed annual interest rate of 5.75% and was initially issued with a total volume amounting to INR 1,453,770,000, with a minimum investment threshold of INR 10,000 per lot, reached its designated maturity date of March 31, 2024, at which point it was successfully redeemed at 100% of its face value, signaling the complete return of principal to its bondholders.