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ItalianoBond PowerGrid Corp 9.35% ( INE752E07IN3 ) in INR
| Issuer | PowerGrid Corp |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE752E07IN3 ( in INR )
|
| Interest rate | 9.35% per year ( payment 1 time a year) |
| Maturity | 29/08/2017 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 INR |
| Total amount | 2 090 000 000 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 overview details the INE752E07IN3 bond, an Indian Rupee (INR) denominated debt instrument issued by Power Grid Corporation, a pivotal Indian state-owned enterprise tasked with developing and maintaining the nation's extensive electricity transmission system. Originating from India, this bond featured a fixed interest rate of 9.35% across its total issuance size of INR 2,090,000,000, with a minimum acquisition threshold of INR 1,000,000 and an annual payment frequency, before it successfully matured on August 29, 2017, subsequently being redeemed at its par value of 100% to conclude its market lifecycle. |