Bond PowerGrid Corp 9.2% ( INE752E07FL3 ) in INR
| Issuer | PowerGrid Corp |
| Market price | 100 % ⇌ |
| Country | India
|
| ISIN code |
INE752E07FL3 ( in INR )
|
| Interest rate | 9.2% per year ( payment 1 time a year) |
| Maturity | 12/03/2018 - 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 | 1 081 250 000 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. The bond identified by ISIN INE752E07FL3, a fixed-income instrument issued from India by Power Grid Corporation of India, a pivotal state-owned enterprise overseeing the majority of the nation's inter-state power transmission system, featured an annual interest rate of 9.2% and a total issuance size of INR 1,081,250,000 with a minimum purchase lot of INR 1,250,000, successfully matured on March 12, 2018, and has subsequently been fully redeemed at its par value, concluding its investment cycle. |
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