Bond Directory / INDIAN RAILWAY FINANCE CORPORATION LIMITED

INDIAN RAILWAY FINANCE CORPORATION LIMITED

ACTIVE

8.50% Secured Non Convertible Bonds in the form of Promissory Notes.Series 62 B . Letter of Allotment. Date of Maturity: 26/12/2023

ISIN

INE053F09FS4

Copied

Essentials

Coupon Rate (Returns)

8.50%

Rating

-

Interest Payment Frequency

SEMI ANNUALLY

Two Times Every Year

Maturity after

9 months

Dec 26, 2023

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Call Available

Put option exercised at

Data Not Available

Issue Details

Issue Size

285 Crores

Issue Price

₹10,00,000

Security class

Bond

Listing details

NSE & BSE

Debenture Trustee

SBI CAP TRUSTEE CO.LTD

Issue

Private

Issuer Details

INDIAN RAILWAY FINANCE CORPORATION LIMITED

Business Sector

165

Issuer Nature type

NBFC

Issuer Ownership

Public Sector Undertaking (PSU)

Factors

Issue Size

Large

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

Factors

Issue Size

Large

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

Note: The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

None

(-)

-

Credit Outlook

-

-

Rating Watch

-

-

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

What other details I need to know?

Other Important bond related information that can help you with decision making

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

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