Indian Railway Finance Corporation Limited - AAA Rated (INE053F07538)

Indian Railway Finance Corporation Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE053F07538, with a face value of ₹1,000 rs on 23Feb12 to raise 3095.6519 crores. The debt instrument is issued with a coupon rate of 8.1% (cat I & II and 0.2% additn int for cat III) and its interest is paid Annually. The returns are Tax-Free Under Section 10(15)(iv)(h). As per the filings, the long description of this Secured Bond is 8.10% (for categories I & II and 0.20% additional interest for category III) Tax Free Non Cumulative Non Convertible Redeemable Bonds Letter of Allotment 80th 'A' Series Date of Maturity :23/02/2027. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 02Mar12 & on NSE stock exchange on 02Mar12. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 23Feb12. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.