Description
NSE notifies listing of Power Grid Corporation of India Limited's 6.98% 2035 bonds on capital market segment effective August 13, 2025.
Summary
NSE has notified the listing of privately placed debt securities of Power Grid Corporation of India Limited on the capital market segment, effective August 13, 2025. The security is a 6.98% coupon bond maturing in 2035.
Key Points
- Power Grid Corporation of India Limited bond admitted to NSE capital market dealings
- Security symbol: 698PGCIL35 (Series N0)
- Market lot size: 1 unit
- Coupon rate: 6.98% per annum
- Maturity date: August 12, 2035
- ISIN Code: INE752E08791
Regulatory Changes
No regulatory changes - standard listing notification under existing NSE Capital Market Trading Regulations Part A.
Compliance Requirements
- Trading participants must use designated security code 698PGCIL35 for system trading
- Trading must be conducted in specified lot size of 1 unit
- Security identification only through designated codes on trading system
Important Dates
- Circular date: August 12, 2025
- Effective date: August 13, 2025
- Bond maturity: August 12, 2035
Impact Assessment
Minimal market impact as this is a routine listing of debt securities. Provides additional investment option for institutional and retail investors in government-backed infrastructure bonds with attractive 6.98% coupon rate and 10-year tenure.
Impact Justification
Standard bond listing notification with limited market impact