Bond PowerFin Corp 8.03% ( INE134E08HH6 ) in INR

Issuer	PowerFin Corp
Market price	100 % ⇌
Country	India
ISIN code	INE134E08HH6 ( in INR )
Interest rate	8.03% per year ( payment 1 time a year)
Maturity	09/04/2018 - 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	2 720 000 000 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. This financial analysis focuses on a specific bond issued by Power Finance Corporation, an integral state-owned entity in India dedicated to the development and funding of the nation's power sector, encompassing generation, transmission, and distribution projects. Identified by the ISIN code INE134E08HH6, this particular debt instrument, denominated in Indian Rupees (INR), carried an attractive annual interest rate of 8.03%. The total value of the issuance stood at INR 2,720,000,000, with a minimum investment threshold set at INR 1,000,000 per purchase, making it accessible to institutional investors and high-net-worth individuals. The bond, which originated from India, featured an annual payment frequency and reached its maturity date on April 9, 2018. At its current market price of 100%, reflecting its full redemption, it is confirmed that this obligation has successfully matured and its principal has been fully repaid to bondholders.