Instrument Details

ISIN: INE053F09HM3

Face value

₹10,00,000

Coupon rate

9.09%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

1076

Instrument Type

Bond

Returns

High

Date of Issue

29 Mar 2011

Maturity Date

29 Mar 2026

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 9.09 BD 29MR26 FVRS10LAC LOA UPTO 09JU11
Indian Railway Finance Corporation Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE053F09HM3, with a face value of ₹10,00,000 rs on 29Mar11 to raise 1076 crores. The debt instrument is issued with a coupon rate of 9.09% 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 9.09% Secured,Taxable,Non-Cumulative,Non-Convertible Bond in the form of Promissory Note. Letter of Allotment. Series-74 Date of Maturity 29/03/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 25Apr11 & on BSE stock exchange on 25Apr11. 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
29-Mar-11 : Your investment
₹45,45,000
29-Sep-11 : Interest
₹45,45,000
29-Mar-12 : Interest
₹45,45,000
29-Sep-12 : Interest
₹45,45,000
29-Mar-13 : Interest
₹45,45,000
29-Sep-13 : Interest
₹45,45,000
29-Mar-14 : Interest
₹45,45,000
29-Sep-14 : Interest
₹45,45,000
29-Mar-15 : Interest
₹45,45,000
29-Sep-15 : Interest
₹45,45,000
29-Mar-16 : Interest
₹45,45,000
29-Sep-16 : Interest
₹45,45,000
29-Mar-17 : Interest
₹45,45,000
29-Sep-17 : Interest
₹45,45,000
29-Mar-18 : Interest
₹45,45,000
29-Sep-18 : Interest
₹45,45,000
29-Mar-19 : Interest
₹45,45,000
29-Sep-19 : Interest
₹45,45,000
29-Mar-20 : Interest
₹45,45,000
29-Sep-20 : Interest
₹45,45,000
29-Mar-21 : Interest
₹45,45,000
29-Sep-21 : Interest
₹45,45,000
29-Mar-22 : Interest
₹45,45,000
29-Sep-22 : Interest
₹45,45,000
29-Mar-23 : Interest
₹45,45,000
29-Sep-23 : Interest
₹45,45,000
29-Mar-24 : Interest
₹45,45,000
29-Sep-24 : Interest
₹45,45,000
29-Mar-25 : Interest
₹45,45,000
29-Sep-25 : Interest
₹45,45,000
29-Mar-26 : Interest
₹23,63,50,000
29-Mar-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹13,63,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.09%

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 INE053F09HM3 issued by Indian Railway Finance Corporation Limited

The instrument name of INE053F09HM3 ISIN is INDIAN RAILWAY FINANCE CORPORATION LIMITED 9.09 BD 29MR26 FVRS10LAC LOA UPTO 09JU11.
The interest earned from INE053F09HM3 bond issued by Indian Railway Finance Corporation Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE053F09HM3 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 9.09%, which determines the periodic interest payments made to bondholders.
The INE053F09HM3 Bond is issued by Indian Railway Finance Corporation Limited, a PSU company.