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Indian Railway Finance 7.83% Mar 2027 NCD

AAA Secured NCD

Indian Railway Finance Corporation

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2027

Current YTM
7.06%
Market YTM
Coupon Rate
7.83%
Per annum
Maturity Date
21 Mar 2027
0.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.06%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+135 bps
vs 0.6Y G-Sec at 5.71%
Below the median spread for similar-tenor peers
Tenure
0.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-10 2026-08-26
Cashflow Timeline
21 Mar 2027
Principal Payment
₹1,000,000.00 / Bond

Next 0 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2017-03-21 Matures 2027-03-21
Key Metrics
Coupon Rate
7.83%
YTM (Annual)
7.06%
Credit Rating
AAA
(ICRA)
Remaining Tenure
0.6 Years
Advanced metrics
Modified Duration
0.52 Yrs
Macaulay Duration
0.56 Yrs
Issue Size
₹2,950 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
0.52 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-26
NSE OTC (WAP)
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.17 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2017-03-21
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Indian Railway Finance Corporation, IRFC-7.83%-21-03-27-PVT is a secured, rated, ncd paying a 7.83% p.a. coupon annual. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-26 100.4209 7.0565 None
2026-08-25 100.4209 7.0565 None
2026-08-12 100.2399 7.4500 None
2026-07-30 100.4070 7.1800 None
2026-07-10 100.4615 7.1300 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2017-03-14
Rating Actions History 0
Secondary-Market Trades 5 NSE OTC (WAP) 2026-08-26
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 2026

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Frequently Asked Questions
What is the coupon rate on Indian Railway Finance 7.83% Mar 2027 NCD?

Indian Railway Finance 7.83% Mar 2027 NCD carries a coupon of 7.83%, paid annual, on a face value of ₹1,000,000.

When does Indian Railway Finance 7.83% Mar 2027 NCD mature?

Indian Railway Finance 7.83% Mar 2027 NCD matures on 2027-03-21, 0.6 years from today.

What is Indian Railway Finance 7.83% Mar 2027 NCD rated?

Indian Railway Finance 7.83% Mar 2027 NCD is rated AAA by ICRA. As of 2017-03-14.

Is Indian Railway Finance 7.83% Mar 2027 NCD secured?

Indian Railway Finance 7.83% Mar 2027 NCD is a secured bond.

Where does Indian Railway Finance 7.83% Mar 2027 NCD trade?

Indian Railway Finance 7.83% Mar 2027 NCD is listed on BSE.

What yield does Indian Railway Finance 7.83% Mar 2027 NCD currently offer?

The last recorded trade on 2026-08-26 priced Indian Railway Finance 7.83% Mar 2027 NCD at ₹100.42, implying a yield to maturity of 7.06%.

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