Bond PowerFin Corp 6.35% ( INE134E08LH8 ) in INR

Issuer	PowerFin Corp
Market price	100 % ⇌
Country	India
ISIN code	INE134E08LH8 ( in INR )
Interest rate	6.35% per year ( payment 1 time a year)
Maturity	30/06/2027
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	300 000 INR
Total amount	3 000 000 000 INR
Next Coupon	30/06/2026 ( In 90 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. Power Finance Corporation (PFC), a leading Public Sector Undertaking (PSU) under the Ministry of Power, Government of India, and a pivotal financial institution for the nation's energy sector, has issued a significant debt instrument, identifiable by ISIN INE134E08LH8. This bond, maturing on June 30, 2027, offers investors an attractive annual coupon rate of 6.35%, with payments denominated in Indian Rupees (INR) and disbursed once per year. Currently trading at par in the market, the bond is priced at 100% of its face value. The total issue size for this particular obligation stands at INR 3,000,000,000, with a minimum purchasable lot set at INR 300,000. As a key financier, Power Finance Corporation plays an indispensable role in developing and funding India's vast power infrastructure, providing comprehensive financial assistance to various power projects across the country, encompassing generation, transmission, and distribution segments, thereby underpinning the nation's energy security and growth trajectory.