Bond PowerGrid Corp 8.4% ( INE752E07NH5 ) in INR

Issuer	PowerGrid Corp
Market price	100 % ⇌
Country	India
ISIN code	INE752E07NH5 ( in INR )
Interest rate	8.4% per year ( payment 1 time a year)
Maturity	14/09/2029
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Minimal amount	1 000 000 INR
Total amount	2 500 000 000 INR
Next Coupon	14/09/2026 ( In 163 days )
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. A bond issued by Power Grid Corporation, a prominent Indian state-owned enterprise primarily responsible for the nation's high-voltage power transmission network, is currently quoted at a market price of 100% (par) in Indian Rupees (INR), identified by ISIN INE752E07NH5, featuring a coupon rate of 8.4% with annual payments until its maturity on September 14, 2029, forming part of a total issue size of INR 2,500,000,000, and requiring a minimum investment of INR 1,000,000.