Bond Indian Railways Finance Corp 8.2% ( INE053F09GJ1 ) in INR

Issuer	Indian Railways Finance Corp
Market price	100 % ⇌
Country	India
ISIN code	INE053F09GJ1 ( in INR )
Interest rate	8.2% per year ( payment 1 time a year)
Maturity	27/04/2020 - Bond has expired
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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. This financial brief details a specific debt instrument issued by Indian Railway Finance Corporation (IRFC), a public sector undertaking under the Ministry of Railways, Government of India, primarily responsible for mobilizing financial resources for the development and expansion of the Indian Railways system through market borrowings, whose bond identified by ISIN INE053F09GJ1, denominated in Indian Rupees (INR), carried an annual interest rate of 8.2% and had a total issue size of 600,000,000 INR with a minimum investment lot of 1,000,000 INR, which, having been observed trading at 100% of its par value, reached its maturity date on April 27, 2020, and has since been fully redeemed and repaid to bondholders, successfully concluding its lifecycle.