Bond PowerGrid Corp 9.3% ( INE752E07JZ5 ) in INR
| Issuer | PowerGrid Corp |
| Market price | |
| Country | India
|
| ISIN code |
INE752E07JZ5 ( in INR )
|
| Interest rate | 9.3% per year ( payment 1 time a year) |
| Maturity | 28/06/2026 |
|
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 |
| Next Coupon | 28/06/2026 ( In 85 days ) |
| 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 article details an Indian Rupee (INR) denominated bond (ISIN: INE752E07JZ5) issued in India by Power Grid Corporation, a prominent Indian state-owned electric utility and central public sector undertaking under the Ministry of Power, Government of India, critically responsible for transmitting approximately half of the nation's total power generation, with this specific obligation featuring a 9.3% annual interest rate, a maturity date of June 28, 2026, annual payment frequency, a current market price of 100% of its par value, a total issue size of INR 3,331,250,000, and a minimum purchase size of INR 1,250,000. |
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