Is 676GS2061(IN0020200401) A Zero Coupon Bond? In Coin Listing while purchase it showed 2 coupon dates, but in my NSE trades email it mentioned Zero Coupon. I am confused

Sage90210 · May 6, 2021, 12:21pm

Sage90210 · May 6, 2021, 12:24pm

On detailed look, Zero Coupon is mentioned in Company Name. But just want to be sure. After all it’s a 40 year investment!!

siva · May 10, 2021, 2:28am

@Neelesh Can you.

Neelesh · May 10, 2021, 2:46am

As this was a New GSEC launched on 22-Feb-2021 the Depository initially did not receive the coupon date and the coupon interest rate data. Hence in the Depository data, it reflects as a zero-coupon bond.

As this is Government security there will be 2 coupon dates and the interest will be credited to your bank account semi-annually. We are checking with the Depository to update the security name and details in their backend this will be done shortly.

Sage90210 · May 12, 2021, 10:26am

Thanks @Neelesh. If and when this data is availabe can plz share in this thread. Thanks Vivek.

Prayag · July 2, 2021, 7:11pm

I purchased a few of these bonds from the secondary market. For the Demat credit that happened in June 2021, the issue was still present -

But for Demat credit that happened in July 2021, the issue seems to have been fixed -