Français
ItalianoBond Indian Railways Finance Corp 5.75% ( INE053F07CF2 ) in INR
| Issuer | Indian Railways Finance Corp |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE053F07CF2 ( in INR )
|
| Interest rate | 5.75% per year ( payment 1 time a year) |
| Maturity | 31/05/2025 - 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. An investment-grade fixed-income instrument, the bond with ISIN INE053F07CF2, issued by the Indian Railway Finance Corporation (IRFC), has successfully reached its maturity date of May 31, 2025, and has been fully redeemed. Indian Railway Finance Corporation, a key public sector undertaking under the Ministry of Railways, Government of India, serves as the dedicated financing arm for the development and expansion of the Indian Railways infrastructure, raising vital financial resources from both domestic and international markets. This particular bond, denominated in Indian Rupees (INR), carried an attractive annual interest rate of 5.75% for its holders, with coupon payments distributed annually. The total issue size for this offering was 10,000,000,000 INR, with a minimum investment threshold set at 10,000 INR. Upon its maturity, the bond was fully repaid at 100% of its face value, reflecting its successful conclusion in the market. |