Bond Indian Railways Finance Corp 5% ( INE053F07CY3 ) in INR

Issuer	Indian Railways Finance Corp
Market price	100 % ⇌
Country	India
ISIN code	INE053F07CY3 ( in INR )
Interest rate	5% per year ( payment 1 time a year)
Maturity	31/05/2026
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Minimal amount	10 000 INR
Total amount	10 000 000 000 INR
Next Coupon	31/05/2026 ( In 57 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. This financial instrument, designated by ISIN INE053F07CY3, represents a bond issued by the Indian Railway Finance Corporation (IRFC), a public sector undertaking under the Ministry of Railways, Government of India, crucially engaged in financing the expansion and modernization of India's extensive railway infrastructure, with this specific issuance having a total size of INR 10,000,000,000, a current market price of 100%, an annual interest rate of 5%, an annual payment frequency, a minimum purchase size of INR 10,000, and a maturity date of May 31, 2026, all denominated in Indian Rupees and issued in India.