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New Zero-Coupon Bond
March 18 , 2025
8 hrs 0 min
104
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- The Finance Ministry has notified Zero Coupon Bond (ZCB) for Power Finance Corporation.
- The company can raise up to ₹10,000 crore.
- The ZCB is an instrument that doesn’t pay interest during its term, but instead is sold at a discount to its face value.
- When the bond matures, the investor receives the full-face value.
- There will be no periodic payment of interest.
- These bonds will have the maturity value of 121 months or 10 years and one month.
