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ItalianoBond PowerGrid Corp 8.93% ( INE752E07LY4 ) in INR
| Issuer | PowerGrid Corp |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE752E07LY4 ( in INR )
|
| Interest rate | 8.93% per year ( payment 1 time a year) |
| Maturity | 20/10/2024 - 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 | 2 200 000 000 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. The INE752E07LY4 bond, issued by Power Grid Corporation, a prominent Indian state-owned 'Maharatna' enterprise crucial to the nation's energy infrastructure through its extensive ownership and operation of India's largest electric power transmission network, recently reached its scheduled maturity on October 20, 2024, and has since been fully redeemed, marking the successful conclusion of this specific debt instrument that, denominated in Indian Rupees (INR) and originating from India, provided investors with a substantial annual coupon rate of 8.93% and was trading at par (100%) prior to its repayment, having represented a total issue size of INR 2,200,000,000 with a minimum investment threshold of INR 1,000,000. |