Power Grid Corporation of India Limited 7.34% 2029 Bond

ISININE752E08577

POWER GRID CORPORATION OF INDIA LIMITED LXIII STRPP-B7.34BD 15JL2910LAC LOAUPTO23SP19

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
15 Jul 2019
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
SERIES LXIII STRPP-B
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 7.34% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 15 Jul 2029; final payment ₹10,73,400 per bond.

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