Bond PowerFin Corp 5% ( INE134E07AW2 ) in INR
| Issuer | PowerFin Corp |
| Market price | |
| Country | India
|
| ISIN code |
INE134E07AW2 ( in INR )
|
| Interest rate | 5% per year ( payment 1 time a year) |
| Maturity | 30/06/2026 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 INR |
| Total amount | 5 000 000 000 INR |
| Next Coupon | 30/06/2026 ( In 90 days ) |
| 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. Power Finance Corporation (PFC), a premier state-owned Navratna company under the administrative control of the Ministry of Power, Government of India, and a pivotal Non-Banking Financial Company (NBFC) dedicated to financing India's critical power infrastructure, has issued a notable fixed-income instrument, detailed by ISIN INE134E07AW2. This specific bond, an obligation denominated in Indian Rupees (INR) and currently trading at par (100%) in the market, offers investors a fixed annual coupon rate of 5%, providing a predictable income stream. The total issue size for this offering amounts to INR 5,000,000,000, demonstrating a significant capital mobilization effort by PFC to support its extensive project portfolio in the power sector, which spans generation, transmission, and distribution. Investors interested in participating can do so with a minimum purchase size of INR 10,000. The bond is set to mature on June 30, 2026, featuring an annual payment frequency, thus ensuring regular coupon distributions to its holders and aligning with PFC's strategic role in India's energy development. |
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