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ItalianoBond PowerGrid Corp 8.93% ( INE752E07BC1 ) in INR
| Issuer | PowerGrid Corp |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE752E07BC1 ( in INR )
|
| Interest rate | 8.93% per year ( payment 1 time a year) |
| Maturity | 07/09/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 250 000 INR |
| Total amount | 1 250 000 000 INR |
| Detailed description |
Power Grid Corporation of India Limited (PGCIL) is an Indian state-owned electric power transmission utility responsible for the development and operation of India's national power grid. An Indian fixed-income instrument, specifically bond ISIN INE752E07BC1, issued by Power Grid Corporation ? a prominent Indian central public sector undertaking responsible for transmitting approximately half of the nation's total power ? has successfully concluded its lifecycle, having matured on September 7, 2021, and subsequently been fully redeemed. This particular obligation, denominated in Indian Rupees (INR) and part of a total issuance size of INR 1,250,000,000 with a minimum purchase size of INR 1,250,000, offered an 8.93% annual coupon rate and was trading at 100% on the market, reflecting its imminent and now completed repayment at par. |