Bond PowerGrid Corp 8.4% ( INE752E07MM7 ) in INR
| Issuer | PowerGrid Corp |
| Market price | 100 % ⇌ |
| Country | India
|
| ISIN code |
INE752E07MM7 ( in INR )
|
| Interest rate | 8.4% per year ( payment 1 time a year) |
| Maturity | 27/05/2020 - 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 | 2 440 000 000 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 bond identified by ISIN INE752E07MM7, a debt instrument denominated in Indian Rupees and issued by Power Grid Corporation, a prominent Indian state-owned enterprise managing the nation's inter-state power transmission system, which offered an 8.4% annual interest rate, was part of an issuance totalling INR 2,440,000,000 with a minimum subscription of INR 1,000,000, and notably reached its maturity on May 27, 2020, having since been fully redeemed at its 100% par value. |
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