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ItalianoBond PowerGrid Corp 9.3% ( INE752E07JT8 ) in INR
| Issuer | PowerGrid Corp |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE752E07JT8 ( in INR )
|
| Interest rate | 9.3% per year ( payment 1 time a year) |
| Maturity | 28/06/2020 - 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 | 3 331 250 000 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. A detailed review is provided for a bond issued under ISIN code INE752E07JT8, originating from India and issued by Power Grid Corporation, a prominent Indian state-owned 'Maharatna' company and the central transmission utility responsible for operating the bulk of India's interstate and inter-regional electric power transmission system. This bond, denominated in Indian Rupees (INR), carried an annual interest rate of 9.3% with a payment frequency of once per year, and represented a total issuance size of INR 3,331,250,000, with a minimum purchase size set at INR 1,250,000. It reached its maturity date on June 28, 2020, at which point it was redeemed at its 100% market price, confirming its full repayment upon maturity. |