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Indian Railway Finance Corporation Limited - AAA Rated (INE053F08148)
ActivePSUUnsecured
Instrument Details
ISIN: INE053F08148
Face value
₹10,00,000
Coupon rate
GSEC LINKED
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
4336.4
Instrument Type
Bond
Returns
Linked to Markets
Date of Issue
22 Jun 2016
Maturity Date
22 Jun 2046
Perpetual
Yes
Listing Status
Unlisted
Rating status
AAA (CRISIL Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Unsecured
Asset Coverage
-
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 110 BR BD 22JU46 FVRS10LAC
Indian Railway Finance Corporation Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond,
having ISIN value as INE053F08148, with a face value of ₹10,00,000 rs on 22Jun16 to raise 4336.4 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 NON CONVERTIBLE DEBENTURE. SERIES 110.DATE OF MATURITY 22/06/2046. 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 14Jun16. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Summary
Instrument Attributes
Value
Coupon Rate
GSEC LINKED
Returns
Linked to Markets
Bond Rating
AAA
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
New Delhi
SECTOR
Financial Services
ISSUER OWNERSHIP
PSU
Other Bonds of Indian Railway Finance Corporation Limited
FAQs about INE053F08148 issued by Indian Railway Finance Corporation Limited
What is the instrument name of INE053F08148 ISIN?
The instrument name of INE053F08148 ISIN is INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 110 BR BD 22JU46 FVRS10LAC.
How frequently is the interest paid on INE053F08148 bond issued by Indian Railway Finance Corporation Limited?
The interest earned from INE053F08148 bond issued by Indian Railway Finance Corporation Limited is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE053F08148 bond issued by Indian Railway Finance Corporation Limited?
This INE053F08148 bond issued by Indian Railway Finance Corporation Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE053F08148 bond issued by Indian Railway Finance Corporation Limited?
The coupon rate of INE053F08148 bond issued by Indian Railway Finance Corporation Limited is GSEC LINKED.
Who is the issuer of INE053F08148 Bond?
The INE053F08148 Bond is issued by Indian Railway Finance Corporation Limited, a PSU company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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