Bond PowerFin Corp 7.3% ( INE134E08JA7 ) in INR
| Issuer | PowerFin Corp |
| Market price | 100 % ⇌ |
| Country | India
|
| ISIN code |
INE134E08JA7 ( in INR )
|
| Interest rate | 7.3% per year ( payment 1 time a year) |
| Maturity | 30/06/2020 - 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 | 15 600 000 000 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 bond identified by ISIN INE134E08JA7, an Indian Rupee-denominated debt instrument issued by Power Finance Corporation, a prominent state-owned financial institution at the forefront of financing India's power sector development, reached its maturity on June 30, 2020, and has since been fully repaid at its par value of 100%. This particular issuance, which offered an annual coupon rate of 7.3% and constituted a total issue size of INR 15,600,000,000 with a minimum purchase size of INR 1,000,000, successfully concluded its lifecycle, demonstrating the issuer's commitment to its debt obligations. |
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