Market closed today (Weekend) · Prices and yields as of last trading day, 28 Aug 2026
I

Indian Railway Finance Corpo… 7.53% Dec 2030 NCD

AAA Secured NCD

Indian Railway Finance Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2030

Current YTM
4.13%
Market YTM
Coupon Rate
7.53%
Per annum
Maturity Date
21 Dec 2030
4.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
4.13%
Live, last traded 2026-08-28
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
-123 bps
vs 4.3Y G-Sec at 5.36%
Below the median spread for similar-tenor peers
Tenure
4.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-17 2026-08-28
Cashflow Timeline
21 Dec 2026
Interest Payment
₹75.30 / Bond
21 Dec 2027
Interest Payment
₹75.30 / Bond
21 Dec 2028
Interest Payment
₹75.30 / Bond
21 Dec 2029
Interest Payment
₹75.30 / Bond
21 Dec 2030
Principal Payment
₹1,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2015-12-21 Matures 2030-12-21
Key Metrics
Coupon Rate
7.53%
YTM (Annual)
4.13%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
4.3 Years
Advanced metrics
Modified Duration
3.56 Yrs
Macaulay Duration
3.70 Yrs
Issue Size
₹1,074 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
3.56 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-28
NSE CM
Trades (30 Days)
22
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 22 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.47 percentage points below the median for tracked NCD bonds. (based on 18915 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2015-12-21
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

7.53% (FOR CATEGORY IV i.e. RIIs- 7.53% p.a. IF ON RECORD DATE BONDS HELD BY RII ELSE 7.28% p.a.) SECURED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES. SERIES 103rd A. LETTER OF ALLOTMENT. DATE OF MATURITY 21/12/2030 is a secured, rated, redeemable ncd issued by Indian Railway Finance Corporation Limited. The bond offers a fixed coupon of 7.53% p.a. with annual interest payments and repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-28 113.3000 4.1302 None
2026-08-27 113.3000 4.1321 2
2026-08-26 113.7490 4.0280 None
2026-08-25 114.4990 3.8541 1
2026-08-24 113.7000 4.0433 1
2026-08-21 113.7500 4.0373 None
2026-08-20 113.5000 4.0980 None
2026-08-19 113.4010 4.1231 2
2026-08-18 113.4000 4.1252 None
2026-08-17 113.5000 4.1036 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2026-06-28
Rating Actions History 0
Secondary-Market Trades 10 NSE CM 2026-08-28
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions
What is the coupon rate on Indian Railway Finance Corpo… 7.53% Dec 2030 NCD?

Indian Railway Finance Corpo… 7.53% Dec 2030 NCD carries a coupon of 7.53%, paid annual, on a face value of ₹1,000.

When does Indian Railway Finance Corpo… 7.53% Dec 2030 NCD mature?

Indian Railway Finance Corpo… 7.53% Dec 2030 NCD matures on 2030-12-21, 4.3 years from today.

What is Indian Railway Finance Corpo… 7.53% Dec 2030 NCD rated?

Indian Railway Finance Corpo… 7.53% Dec 2030 NCD is rated AAA by CRISIL and AAA by CARE. As of 2026-06-28.

Is Indian Railway Finance Corpo… 7.53% Dec 2030 NCD secured?

Indian Railway Finance Corpo… 7.53% Dec 2030 NCD is a secured bond.

Can Indian Railway Finance Corpo… 7.53% Dec 2030 NCD be called or put back early?

Indian Railway Finance Corpo… 7.53% Dec 2030 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

What yield does Indian Railway Finance Corpo… 7.53% Dec 2030 NCD currently offer?

The last recorded trade on 2026-08-28 priced Indian Railway Finance Corpo… 7.53% Dec 2030 NCD at ₹113.30, implying a yield to maturity of 4.13%.

More Bonds from This Issuer
5
Indian Railway Finance Cor… 5.00% Aug 2026 NCD
AAA
Coupon
5.00%
Maturity
31 Aug 2026
5
Indian Railway Finance Cor… 5.00% Sep 2026 NCD
AAA
Coupon
5.00%
Maturity
30 Sep 2026
7
Indian Railway Finance Cor… 7.23% Oct 2026 NCD
AAA
Coupon
7.23%
Maturity
15 Oct 2026
5
Indian Railway Finance Cor… 5.00% Oct 2026 NCD
AAA
Coupon
5.00%
Maturity
31 Oct 2026
Compare (/) Compare Bonds

← Back to screener