Bond NTPG 23.12% ( INE733E07GJ5 ) in INR

Issuer	NTPG
Market price	100 % ⇌
Country	India
ISIN code	INE733E07GJ5 ( in INR )
Interest rate	23.12% per year ( payment 1 time a year)
Maturity	23/12/2017 - Bond has expired
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Minimal amount	100 000 INR
Total amount	50 000 000 INR
Detailed description	NTPC Limited is an Indian public sector undertaking primarily engaged in the generation of electricity and allied activities. This financial analysis details the bond identified by ISIN code INE733E07GJ5, issued by NTPC, examining its core specifications and lifecycle culminating in its successful redemption. NTPC Limited, or National Thermal Power Corporation, stands as India's premier energy conglomerate and largest power producer, a prominent public sector undertaking central to the country's economic development and energy security, reflecting the sovereign backing associated with its instruments. This specific bond, denominated in Indian Rupees (INR) and issued within India, was notable for its substantial annual interest rate of 23.12%, structured with a payment frequency of one per year. The total issuance amounted to 50,000,000 INR, with a minimum purchase threshold set at 100,000 INR per unit. Having matured on December 23, 2017, the bond was reported to be trading at 100% of its par value prior to its maturity and was subsequently fully reimbursed to investors, concluding its investment tenure.