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ItalianoBond PowerGrid Corp 7.93% ( INE752E07KQ2 ) in INR
| Issuer | PowerGrid Corp |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE752E07KQ2 ( in INR )
|
| Interest rate | 7.93% per year ( payment 1 time a year) |
| Maturity | 20/05/2019 - 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 | 2 605 000 000 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. The INE752E07KQ2 bond, issued by Power Grid Corporation of India, a prominent state-owned utility responsible for the bulk of India's power transmission, has successfully matured and been fully redeemed as of May 20, 2019. This fixed-income instrument, denominated in Indian Rupees (INR) and issued within India, carried an attractive annual interest rate of 7.93% and formed part of a substantial 2,605,000,000 INR issuance. With a minimum purchase size set at 1,000,000 INR, the bond's principal was repaid at 100% of its face value upon its scheduled maturity, confirming the full settlement of obligations to investors. |