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Instrument Details

ISIN: INE053F09GZ7

Face value

₹10,00,000

Coupon rate

8.72%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Bond

Returns

High

Date of Issue

04 May 2010

Maturity Date

05 Apr 2032

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

INDIAN RAILWAY FINANCE CORPORATION LIMITED 8.72 BD 04MY32 FVRS10LAC LOA UPTO 03AG10
Indian Railway Finance Corporation Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE053F09GZ7, with a face value of ₹10,00,000 rs on 04May10 to raise 15 crores. The debt instrument is issued with a coupon rate of 8.72% 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 Secured Bond is 8.72% Secured Non Convertible Taxable Bonds in the form of Promissory Notes. 70th B Series. Letter of Allotment. Date of Maturity: 04/05/2032. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 09Jun10 & on NSE stock exchange on 09Jun10. CARE Ratings Limited has given AAA rating to this Bond on 27Sep23. 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 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
04-May-10 : Your investment
₹43,60,000
04-Nov-10 : Interest
₹43,60,000
04-May-11 : Interest
₹43,60,000
04-Nov-11 : Interest
₹43,60,000
04-May-12 : Interest
₹43,60,000
04-Nov-12 : Interest
₹43,60,000
04-May-13 : Interest
₹43,60,000
04-Nov-13 : Interest
₹43,60,000
04-May-14 : Interest
₹43,60,000
04-Nov-14 : Interest
₹43,60,000
04-May-15 : Interest
₹43,60,000
04-Nov-15 : Interest
₹43,60,000
04-May-16 : Interest
₹43,60,000
04-Nov-16 : Interest
₹43,60,000
04-May-17 : Interest
₹43,60,000
04-Nov-17 : Interest
₹43,60,000
04-May-18 : Interest
₹43,60,000
04-Nov-18 : Interest
₹43,60,000
04-May-19 : Interest
₹43,60,000
04-Nov-19 : Interest
₹43,60,000
04-May-20 : Interest
₹43,60,000
04-Nov-20 : Interest
₹43,60,000
04-May-21 : Interest
₹43,60,000
04-Nov-21 : Interest
₹43,60,000
04-May-22 : Interest
₹43,60,000
04-Nov-22 : Interest
₹43,60,000
04-May-23 : Interest
₹43,60,000
04-Nov-23 : Interest
₹43,60,000
04-May-24 : Interest
₹43,60,000
04-Nov-24 : Interest
₹43,60,000
04-May-25 : Interest
₹43,60,000
04-Nov-25 : Interest
₹43,60,000
04-May-26 : Interest
₹43,60,000
04-Nov-26 : Interest
₹43,60,000
04-May-27 : Interest
₹43,60,000
04-Nov-27 : Interest
₹43,60,000
04-May-28 : Interest
₹43,60,000
04-Nov-28 : Interest
₹43,60,000
04-May-29 : Interest
₹43,60,000
04-Nov-29 : Interest
₹43,60,000
04-May-30 : Interest
₹43,60,000
04-Nov-30 : Interest
₹43,60,000
04-May-31 : Interest
₹43,60,000
04-Nov-31 : Interest
₹42,87,333
05-Apr-32 : Interest
₹29,17,67,333
05-Apr-32 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹19,17,67,333)

Summary

Instrument Attributes

Value

Coupon Rate

8.72%

Returns

High

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 INE053F09GZ7 issued by Indian Railway Finance Corporation Limited

The instrument name of INE053F09GZ7 ISIN is INDIAN RAILWAY FINANCE CORPORATION LIMITED 8.72 BD 04MY32 FVRS10LAC LOA UPTO 03AG10.
The interest earned from INE053F09GZ7 bond issued by Indian Railway Finance Corporation Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE053F09GZ7 bond issued by Indian Railway Finance Corporation Limited has been assigned a credit rating of AAA by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 8.72%, which determines the periodic interest payments made to bondholders.
The INE053F09GZ7 Bond is issued by Indian Railway Finance Corporation Limited, a PSU company.
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