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Power Grid Corporation of India Limited 8.4% 2029 Bond

ISININE752E07MV8

POWER GRID CORPORATION OF INDIA LIMITED 8.4 BD 27MY29 FVRS10LAC LOA UPTO 23AG15

Power Grid Corporation of India Limited is a public-sector (PSU) issuer in the Power - Transmission sector. This directory lists 74 of its bonds.

Key terms

Issue date
27 May 2015
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
8.15% POWERGRID BOND L ISSUE 2015-16 STRPP K
Sector
Power - Transmission
Issuer type
PSU

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

ICRA AAA / StableCARE AAA / StableCRISIL AAA / Stable

AAAmost conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

AAA is the highest rating an Indian agency assigns. It signals the strongest assessed capacity to pay interest and principal on time: the agency sees the risk of default as the lowest it recognises. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: ICRA AAA/Stable;CARE AAA/Stable;CRISIL AAA/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 8.38% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

14 scheduled payments through 27 May 2029; final payment ₹10,84,000 per bond.

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