Français
ItalianoBond PowerGrid Corp 9.35% ( INE752E07IU8 ) in INR
| Issuer | PowerGrid Corp |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE752E07IU8 ( in INR )
|
| Interest rate | 9.35% per year ( payment 1 time a year) |
| Maturity | 29/08/2024 - 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 | 2 060 000 000 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. An analysis of the financial instrument identified by ISIN INE752E07IU8 reveals its classification as a bond issued by the Power Grid Corporation, a prominent public sector undertaking originating from India, which featured a fixed interest rate of 9.35% denominated in Indian Rupees (INR) and an initial total issue size of INR 2,060,000,000, requiring a minimum investment of INR 1,000,000 per lot; this particular bond, designed with an annual payment frequency, reached its maturity date on August 29, 2024, at which point it was fully redeemed at its par value, consistent with its final reported market price of 100%. |