Indian Railway Finance Corporation Ltd (IRFC) - INE053F08320
Microfinance
corporate
Coupon Rate
7.45%
Maturity Date
13 Oct 2028
ISIN
INE053F08320
Face Value
₹1,00,000
About Issue
This AAA rated bond from Indian Railway Finance Corporation Ltd (IRFC), a corporate, offers a Fixed coupon of 7.45% with maturity on 13 October 2028. Issued through the Private placement as under ISIN INE053F08320, this is one of the highest-rated credit instruments, representing maximum safety and stability. Ideal for conservative investors prioritizing capital protection without compromising on returns, while aiming for superior yields compared to traditional FDs or government securities.
Key Attributes
Rating
CARE AAA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
27 Jun 2023
Remaining Tenure
3Y 3M
Security Name
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 172B 7.45 BD 13OT28 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE AAA (Stable)
Date of Rating
05 Jun 2024
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