Power Grid Corporation of India Limited 8.13% 2029 Bond

ISININE752E07NV6

POWER GRID CORPORATION OF INDIA LIMITED SRLIIISTRPPJ8.13BD25AP29FV10LACLOAUPTO17AG16

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
25 Apr 2016
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
8.13% POWERGRID BOND LIII ISSUE 2016-17 STRPP J
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

CRISIL AAA / StableICRA AAA / StableCARE 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: CRISIL AAA/Stable;ICRA AAA/Stable;CARE 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 8.11% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

13 scheduled payments through 25 Apr 2029; final payment ₹10,81,300 per bond.

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