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Bond PowerGrid Corp 9.33% ( INE752E07FB4 ) in INR

Issuer	PowerGrid Corp
Market price	100 %  ⇌
Country	India
ISIN code	INE752E07FB4 ( in INR )
Interest rate	9.33% per year ( payment 1 time a year)
Maturity	15/12/2019 - 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	2 000 000 000 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. A fixed-income instrument issued by Power Grid Corporation, India's central public sector undertaking responsible for transmitting over 50% of the nation's total power, with ISIN INE752E07FB4, was successfully redeemed upon its maturity on December 15, 2019; this bond, denominated in Indian Rupees (INR), featured an annual interest rate of 9.33% and had an original total issue size of INR 2,000,000,000, with a minimum purchase size set at INR 1,250,000, having been priced at 100% of its face value upon repayment.