Bond Indian Railways Finance Corp 6.7% ( INE053F09GU8 ) in INR

Issuer	Indian Railways Finance Corp
Market price	100 % ⇌
Country	India
ISIN code	INE053F09GU8 ( in INR )
Interest rate	6.7% per year ( payment 1 time a year)
Maturity	08/03/2020 - Bond has expired
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Minimal amount	100 000 INR
Total amount	9 272 100 000 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. An analysis of fixed-income instruments reveals the details of an Indian Railway Finance Corporation (IRFC) bond, identified by ISIN INE053F09GU8, with IRFC being a Public Sector Undertaking under the Ministry of Railways, Government of India, responsible for financing the acquisition of rolling stock and railway infrastructure projects for Indian Railways. This debt instrument, issued in India and denominated in Indian Rupees (INR), carried an annual interest rate of 6.7%, encompassing a total issuance size of INR 9,272,100,000, with a minimum purchase denomination set at INR 100,000; the bond matured on March 8, 2020, and was subsequently redeemed at 100% of its face value, reflecting its repayment at par.