Bond Indian Railways Finance Corp 8.2% ( INE053F09GH5 ) in INR

Issuer	Indian Railways Finance Corp
Market price	100 % ⇌
Country	India
ISIN code	INE053F09GH5 ( in INR )
Interest rate	8.2% per year ( payment 1 time a year)
Maturity	27/04/2018 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 000 INR
Total amount	600 000 000 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 Indian Railway Finance Corporation (IRFC) bond, identified by ISIN INE053F09GH5, has successfully matured and been fully repaid, concluding its lifecycle on April 27, 2018. This fixed-income security, issued by IRFC ? a prominent public sector undertaking based in India that serves as the dedicated financing arm of the Indian Railways, responsible for mobilizing financial resources for the acquisition of rolling stock and railway infrastructure assets ? carried an annual interest rate of 8.2% with annual interest payments and was denominated in Indian Rupees (INR). With a total issue size of INR 600,000,000, originating from India, and a minimum purchase threshold of INR 1,000,000, this bond was redeemed at 100% of its face value upon its maturity date, ensuring all obligations to investors were met.