Bond Indian Railways Finance Corp 6.85% ( INE053F07CT3 ) in INR

Issuer	Indian Railways Finance Corp
Market price	100 % ⇌
Country	India
ISIN code	INE053F07CT3 ( in INR )
Interest rate	6.85% per year ( payment 1 time a year)
Maturity	30/11/2040
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Minimal amount	/
Total amount	/
Next Coupon	15/10/2026 ( In 194 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 the fixed-income market reveals the presence of a notable bond, ISIN INE053F07CT3, issued by the Indian Railway Finance Corporation (IRFC); IRFC, a Schedule 'A' Public Sector Enterprise under the administrative control of the Ministry of Railways, Government of India, serves as the dedicated financing arm for mobilising funds from domestic and international capital markets to meet the budgetary and extra-budgetary resource requirements of the Indian Railways, and this particular bond, denominated in Indian Rupees (INR) and issued from India, currently trades at 100% of its face value, offering an annual interest rate of 6.85% with a single annual payment frequency, and is set to mature on November 30, 2040.