Instrument Details

ISIN: INE053F08148

Face value

₹10,00,000

Coupon rate

GSEC LINKED

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

4336.4

Instrument Type

Bond

Returns

Linked to Markets

Date of Issue

22 Jun 2016

Maturity Date

22 Jun 2046

Perpetual

Yes

Listing Status

Unlisted

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 110 BR BD 22JU46 FVRS10LAC
Indian Railway Finance Corporation Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE053F08148, with a face value of ₹10,00,000 rs on 22Jun16 to raise 4336.4 crores. The debt instrument is issued with a coupon rate of GSEC LINKED and its interest is paid Semi Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Bond is GSEC LINKED UNSECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE. SERIES 110.DATE OF MATURITY 22/06/2046. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 14Jun16. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
29 Sep 2021
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

GSEC LINKED

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE053F08148 issued by Indian Railway Finance Corporation Limited

The instrument name of INE053F08148 ISIN is INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 110 BR BD 22JU46 FVRS10LAC.
The interest earned from INE053F08148 bond issued by Indian Railway Finance Corporation Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE053F08148 bond issued by Indian Railway Finance Corporation Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE053F08148 bond issued by Indian Railway Finance Corporation Limited is GSEC LINKED.
The INE053F08148 Bond is issued by Indian Railway Finance Corporation Limited, a PSU company.