Bond Indian Railways Finance Corp 2.8% ( US45434M2C57 ) in USD

Issuer Indian Railways Finance Corp
Market price refresh price now   92.986 %  ▲ 
Country  India
ISIN code  US45434M2C57 ( in USD )
Interest rate 2.8% per year ( payment 2 times a year)
Maturity 09/02/2031



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Total amount /
Cusip 45434M2C5
Standard & Poor's ( S&P ) rating BBB ( Lower medium grade - Investment-grade )
Moody's rating Baa3 ( Lower medium grade - Investment-grade )
Next Coupon 10/08/2026 ( In 128 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.

Indian Railway Finance Corp's USD-denominated bond (ISIN: US45434M2C57, CUSIP: 45434M2C5) currently trades at 88.45%, offering a 2.8% coupon rate, pays semi-annually, matures on 09/02/2031, and is rated BBB- by S&P and Baa3 by Moody's.