Bond PowerFin Corp 8.39% ( INE134E08HD5 ) in INR
| Issuer | PowerFin Corp |
| Market price | 100 % ⇌ |
| Country | India
|
| ISIN code |
INE134E08HD5 ( in INR )
|
| Interest rate | 8.39% per year ( payment 1 time a year) |
| Maturity | 18/04/2025 - 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 | 9 250 000 000 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. The INE134E08HD5 bond, a debt instrument issued by Power Finance Corporation, a prominent Indian public sector non-banking financial company dedicated to financing the nation's power sector infrastructure, has matured and been redeemed. Originating from India, this bond carried an 8.39% annual coupon rate, with interest payments made annually, and had a total issuance size of INR 9,250,000,000, available for minimum purchases of INR 1,000,000. It reached its maturity on April 18, 2025, and was subsequently repaid at its par value, reflecting its 100% market price at redemption. |
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