Bond PowerFin Corp 7.75% ( INE134E08IX1 ) in INR

Issuer	PowerFin Corp
Market price	100 % ⇌
Country	India
ISIN code	INE134E08IX1 ( in INR )
Interest rate	7.75% per year ( payment 1 time a year)
Maturity	22/03/2027
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Minimal amount	1 000 000 INR
Total amount	20 000 000 000 INR
Next Coupon	22/03/2027 ( In 355 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. The Power Finance Corporation (PFC), a crucial Indian government-backed financial institution primarily responsible for funding and developing the nation's extensive power sector infrastructure, has issued an INR-denominated bond, ISIN INE134E08IX1, currently trading at par at 100% on the market, which features an annual interest payment frequency with a 7.75% coupon rate, a maturity date of March 22, 2027, a total issuance size of INR 20,000,000,000, and a minimum investment requirement of INR 1,000,000.