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9.09% Indian Railway Finance Corporation Limited - AAA Rated (INE053F09HM3)
ActivePSUSecured
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 29Mar11. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
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
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 INE053F09HM3 issued by Indian Railway Finance Corporation Limited
What is the instrument name of INE053F09HM3 ISIN?
The instrument name of INE053F09HM3 ISIN is INDIAN RAILWAY FINANCE CORPORATION LIMITED 9.09 BD 29MR26 FVRS10LAC LOA UPTO 09JU11.
How frequently is the interest paid on INE053F09HM3 bond issued by Indian Railway Finance Corporation Limited?
The interest earned from INE053F09HM3 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 INE053F09HM3 bond issued by Indian Railway Finance Corporation Limited?
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.
What is the coupon rate of INE053F09HM3 bond issued by Indian Railway Finance Corporation Limited?
This Bond offers a coupon rate of 9.09%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE053F09HM3 Bond?
The INE053F09HM3 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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