6.85% Indian Railway Finance Corporation 2040
About Issuer
Indian Railway Finance Corporation is under the ownership of Indian Railways, Ministry of Railways, Government of India. It raises financial resources for expansion and running through capital markets and other borrowings. IRFC is a Miniratna/Schedule "A" Indian public sector undertaking.Overview
ISIN
INE053F07CT3
Minimum Investment
1000000
Coupon
6.85%
YTM
6.84%
Payment Term
ANNUALLY
Face Value
1000000
Taxable
YES
Perpetual
NO
Maturity Date
01/12/40
2040-12-01
Remaining Period
Issue Date
01/12/20
Interest Payment Date
15 Oct
Credit Rating
Debit Quality
Security
This bond is SECURED
