Bond Indian Railways Finance Corp 8.72% ( INE053F09GY0 ) in INR

Issuer	Indian Railways Finance Corp
Market price	100 % ⇌
Country	India
ISIN code	INE053F09GY0 ( in INR )
Interest rate	8.72% per year ( payment 1 time a year)
Maturity	04/05/2031
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Minimal amount	1 000 000 INR
Total amount	150 000 000 INR
Next Coupon	04/05/2026 ( In 30 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 Indian Rupee-denominated bond, identified by ISIN INE053F09GY0, is currently available at a market price of 100%, offering investors an 8.72% annual coupon payment until its maturity on May 4, 2031; this instrument was issued by Indian Railway Finance Corporation (IRFC), a crucial public sector undertaking in India responsible for financing the development and acquisition of rolling stock and project assets for the extensive Indian railway network, with the total issue size amounting to INR 150,000,000 and a minimum investment requirement of INR 1,000,000.