Indian Railway Finance Corporation Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE053F08171, with a face value of ₹10,00,000 rs on 27Jun17 to raise 5644.6 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 REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURE.SERIES 122.DATE OF MATURITY 27/06/2047. 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 23May17. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.