Bond Indian Railways Finance Corp 7.08% ( INE053F07CA3 ) in INR
| Issuer | Indian Railways Finance Corp |
| Market price | |
| Country | India
|
| ISIN code |
INE053F07CA3 ( in INR )
|
| Interest rate | 7.08% per year ( payment 1 time a year) |
| Maturity | 28/02/2030 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 INR |
| Total amount | 30 000 000 000 INR |
| Next Coupon | 28/02/2027 ( In 330 days ) |
| Detailed description |
Indian Railway Finance Corporation (IRFC) is a public sector undertaking specializing in financing the Indian Railways' infrastructure projects and rolling stock acquisitions. An in-depth analysis of a key debt instrument issued by the Indian Railway Finance Corporation (IRFC) reveals a fixed-income opportunity with specific characteristics. This particular bond, identified by the International Securities Identification Number (ISIN) INE053F07CA3, originates from the Indian Railway Finance Corporation, a critical Public Sector Undertaking operating under the administrative control of the Ministry of Railways, Government of India. IRFC serves as the dedicated financing arm for the Indian Railways, primarily responsible for mobilizing financial resources from both domestic and international capital markets to fund the acquisition of rolling stock and the development of essential railway infrastructure projects across India. Its strategic mandate is pivotal to supporting the expansion and modernization of one of the world's largest railway networks, underscoring the sovereign-linked nature of its debt offerings within the Indian economy. The bond is denominated in Indian Rupees (INR) and currently trades at its par value, with a market price of 100%, reflecting a stable valuation. It offers a fixed annual interest rate of 7.08%, with coupon payments disbursed once per year. The maturity date for this instrument is set for February 28, 2030, establishing it as a medium-term investment. The total size of this particular bond issuance stands at INR 30,000,000,000, representing a significant volume in the market. For potential investors, the minimum purchase size required is INR 1,000,000, positioning this bond primarily for institutional or qualified individual investors seeking exposure to government-backed infrastructure financing in India. |
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