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ItalianoBond PowerFin Corp 9.2% ( INE134E08GA3 ) in INR
| Issuer | PowerFin Corp |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE134E08GA3 ( in INR )
|
| Interest rate | 9.2% per year ( payment 1 time a year) |
| Maturity | 07/07/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 INR |
| Total amount | 7 000 000 000 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. A bond identified by ISIN INE134E08GA3, issued by Power Finance Corporation, a pivotal Indian public sector undertaking specializing in financing the nation's power sector development, has successfully reached its maturity on July 7, 2021, and been fully repaid at its 100% face value. This debt instrument, denominated in Indian Rupees (INR), featured an attractive annual interest rate of 9.2% and constituted part of a larger issue totaling INR 7,000,000,000, with a minimum investment threshold of INR 1,000,000 per lot, thereby concluding its role as a significant financing vehicle for the issuer. |