Bond PowerGrid Corp 8.73% ( INE752E07BY5 ) in INR

Issuer PowerGrid Corp
Market price 100 %  ⇌ 
Country  India
ISIN code  INE752E07BY5 ( in INR )
Interest rate 8.73% per year ( payment 1 time a year)
Maturity 11/10/2020 - Bond has expired



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Minimal amount 1 250 000 INR
Total amount 425 000 000 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.

This financial analysis focuses on the bond identified by ISIN INE752E07BY5, issued by Power Grid Corporation, a prominent entity in the Indian infrastructure landscape. Power Grid Corporation of India Limited is a publicly owned Maharatna company under the Ministry of Power, Government of India, holding the position as the nation's largest electric power transmission utility, responsible for transmitting bulk power across various regions and contributing significantly to India's energy security. The bond, denominated in Indian Rupees (INR), carried an attractive annual interest rate of 8.73% with payments occurring once per year. Initially launched from India with a total issue size of INR 425,000,000, it was accessible to investors with a minimum purchase requirement of INR 1,250,000. This specific debt instrument reached its maturity date on October 11, 2020. As of the current market assessment, reflected by its 100% current market price, this bond has successfully matured and has been fully repaid, concluding its lifecycle as a fulfilled obligation for the issuer.