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Oil and Natural Gas Corporation (ONGC) has issued $300 million notes at a coupon of 3.375% per annum payable semi-annually in arrears on November 27, 2019 under the $2,000,000,000 Medium Term Note Programme. The Notes are rated ‘Baa1’ from Moody's Investors Service and ‘BBB-’ from S&P Global Ratings.

The Notes will mature on December 5, 2029, unless redeemed earlier subject to the terms and conditions of the Notes. The principal and interest payments pertaining to the Notes will be made in US Dollars. The settlement date for the Notes is expected to be December 5, 2019. The bond was priced at 99.253% to provide a yield to maturity of 3.464% per annum.

ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.

ONGC Share Price

286.20 2.50 (0.88%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 286.20
Oil India 473.85
Jindal Drilling&Inds 541.55
Deep Industries 488.30
Asian Energy Service 313.05
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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