Archive · 14 Jun 2025
Nabard Receives Approval for ₹19,500 Crore Zero-Coupon Bonds
The government gave the okay for Nabard, a bank that helps farmers and rural areas, to sell special bonds called zero-coupon bonds.
These bonds are sold at a lower price and pay back the full amount later.
They are worth ₹19,500 crore and the difference between the buying price and the final amount is the profit for the investor.
This money will go to supporting agriculture and rural development.
The bonds can be issued until March 31, 2027, and will mature in about 11 years.
This is done to help the rural economy.
Nabard is approved to raise ₹19,500 crore through zero-coupon bonds.
The bonds, also known as deep-discount bonds, can be issued by March 31, 2027.
Bonds will mature in 10 years, 11 months, and 13 days.
The discount on the bonds is ₹10,349.6 crore.
Nabard is the apex financial institution for agriculture and rural development.
- Who
- The National Bank for Agriculture and Rural Development (Nabard).
- What
- The government approved Nabard to raise ₹19,500 crore through zero-coupon bonds.
- When
- The bonds can be issued on or before March 31, 2027.
- Where
- Not explicitly stated.
- Why
- To facilitate credit flow to farmers and rural areas.
- Organization
- National Bank for Agriculture and Rural Development (Nabard)
- Amount Raised
- ₹19,500 crore
- Type of Bonds
- Zero-coupon bonds (deep-discount bonds)
- Maturity Date
- 10 years, 11 months, and 13 days from issuance
- Discount on Bonds
- ₹10,349.6 crore
- Purpose
- To facilitate credit flow to farmers and rural areas.