Bond Indya 0% ( IN002020Y314 ) in INR

Issuer	Indya
Market price	100 % ⇌
Country	India
ISIN code	IN002020Y314 ( in INR )
Interest rate	0%
Maturity	13/05/2021 - Bond has expired
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Minimal amount	100 INR
Total amount	60 000 000 000 INR
Detailed description	India is a vast and diverse South Asian nation with a rich history, diverse cultures, and a rapidly developing economy. A detailed financial analysis highlights a specific debt instrument, identified by its ISIN code IN002020Y314, issued by the Republic of India, a major sovereign entity whose stable economic growth and significant market presence underpin its status as a key issuer of government securities; this particular obligation, denominated in Indian Rupees (INR), constituted a total issuance size of INR 60,000,000,000 and featured a minimum purchase threshold of 100 units, notable for its 0% interest rate, indicating its nature as a zero-coupon bond with a single payment at maturity; having traded at a market price of 100% leading up to its redemption, the bond duly reached its maturity date on May 13, 2021, at which point it was fully repaid to investors, successfully completing its lifecycle as a redeemed financial instrument.