Bond Indian Railways Finance Corp 5% ( INE053F07CN6 ) in INR

Issuer Indian Railways Finance Corp
Market price 100 %  ⇌ 
Country  India
ISIN code  INE053F07CN6 ( in INR )
Interest rate 5% per year ( payment 1 time a year)
Maturity 20/01/2026 - Bond has expired



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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 financial market is currently observing a notable debt instrument, identified by ISIN INE053F07CN6, issued by the Indian Railway Finance Corporation (IRFC), a crucial public sector undertaking operating under the aegis of the Indian Ministry of Railways, whose core mandate is to mobilize financial resources for the development and expansion of India's vast railway infrastructure, with this specific bond denominated in Indian Rupees (INR), offering a 5% annual interest rate, presently quoted at its par value of 100% in the market, and scheduled to mature on January 20, 2026, with interest payments occurring once per year.