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.