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ItalianoBond PowerGrid Corp 9.2% ( INE752E07FQ2 ) in INR
| Issuer | PowerGrid Corp |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE752E07FQ2 ( in INR )
|
| Interest rate | 9.2% per year ( payment 1 time a year) |
| Maturity | 12/03/2023 - 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. An analysis of a specific debt instrument, identified by ISIN INE752E07FQ2, reveals it to be a bond issued by Power Grid Corporation, a major state-owned Indian enterprise primarily responsible for the country's extensive electricity transmission network, which provided a competitive annual interest rate of 9.2% on its principal, denominated in Indian Rupees (INR), originating from an overall issuance volume of INR 1,081,250,000, with a minimum purchase increment of INR 1,250,000; this obligation, having been issued in India, successfully reached its maturity on March 12, 2023, and was subsequently redeemed at its full market value of 100%, confirming its complete repayment to investors. |