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ItalianoBond PowerGrid Corp 8.93% ( INE752E07LU2 ) in INR
| Issuer | PowerGrid Corp |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE752E07LU2 ( in INR )
|
| Interest rate | 8.93% per year ( payment 1 time a year) |
| Maturity | 20/10/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 INR |
| Total amount | 2 200 000 000 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 article details a specific bond issuance, identified by its ISIN INE752E07LU2, originated by Power Grid Corporation, a prominent state-owned electric utility company in India that plays a critical role in the nation's energy infrastructure by primarily engaging in the transmission of bulk power across the country. This particular fixed-income instrument, denominated in Indian Rupees (INR), carried an annual interest rate of 8.93% with payments structured on an annual frequency. The total size of this bond issuance was 2,200,000,000 INR, with a minimum investment threshold set at 1,000,000 INR. The bond reached its maturity date on October 20, 2020, and was subsequently repaid at 100% of its face value, fulfilling all its financial obligations to bondholders. |