Français
ItalianoBond Indian Railways Finance Corp 9.09% ( INE053F09HN1 ) in INR
| Issuer | Indian Railways Finance Corp |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 INE053F09HN1 ( in INR )
|
| Interest rate | 9.09% per year ( payment 1 time a year) |
| Maturity | 31/03/2026 - 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 | 1 500 000 000 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. Investors seeking to engage with India's vital infrastructure development can consider the bond issued by Indian Railway Finance Corporation (IRFC), a crucial public sector undertaking under the Ministry of Railways, responsible for mobilizing financial resources to support the extensive modernization and expansion of the Indian Railways network. This specific debt instrument, identified by ISIN INE053F09HN1, is denominated in Indian Rupees (INR), currently trades at 100% of its par value, and offers an annual interest rate of 9.09% until its maturity on March 31, 2026, stemming from a total issue size of INR 1,500,000,000 with a minimum purchase requirement of INR 1,000,000 and a single annual interest payment frequency. |