Bond Indian Railways Finance Corp 5.75% ( INE053F07CE5 ) in INR
| Issuer | Indian Railways Finance Corp |
| Market price | 100 % ⇌ |
| Country | India
|
| ISIN code |
INE053F07CE5 ( in INR )
|
| Interest rate | 5.75% per year ( payment 1 time a year) |
| Maturity | 30/04/2025 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 INR |
| Total amount | 10 000 000 000 INR |
| Detailed description |
Indian Railway Finance Corporation (IRFC) is a public sector undertaking specializing in financing the Indian Railways' infrastructure projects and rolling stock acquisitions. The INE053F07CE5 bond, issued by Indian Railway Finance Corp (IRFC), a prominent public sector undertaking under India's Ministry of Railways responsible for financing railway infrastructure and rolling stock, has concluded its lifecycle. This fixed-income instrument, denominated in Indian Rupees (INR), featured an annual interest rate of 5.75% and represented a total issuance size of INR 10,000,000,000, with a minimum purchase requirement of INR 10,000. With its maturity date of April 30, 2025 having been reached, this bond has now been fully redeemed at its 100% par value, completing its repayment to investors. |
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