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ItalianoBond PowerGrid Corp 8.15% ( INE752E07MI5 ) in INR
| Issuer | PowerGrid Corp |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE752E07MI5 ( in INR )
|
| Interest rate | 8.15% per year ( payment 1 time a year) |
| Maturity | 09/03/2020 - 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 | 9 960 000 000 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 Indian rupee-denominated bond, identified by ISIN code INE752E07MI5, was issued by Power Grid Corporation, a leading Indian state-owned electric utility company and Maharatna Public Sector Undertaking under the Ministry of Power, Government of India, which transmits approximately 50% of the nation's total power. Carrying an annual interest rate of 8.15%, this bond was part of a total issuance valued at INR 9,960,000,000, with a minimum purchase size set at INR 1,000,000. Originally offered at a market price of 100%, this instrument reached its maturity date on March 9, 2020, and has been fully redeemed. |