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Indian Railway Finance 7.54% Oct 2027 NCD

AAA Secured NCD

Indian Railway Finance Corporation

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2027

Current YTM
7.45%
Market YTM
Coupon Rate
7.54%
Per annum
Maturity Date
31 Oct 2027
1.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.45%
Live, last traded 2026-08-12
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+199 bps
vs 1.2Y G-Sec at 5.46%
Below the median spread for similar-tenor peers
Tenure
1.2 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
31 Oct 2026
Interest Payment
₹75,400.00 / Bond
31 Oct 2027
Principal Payment
₹1,000,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2017-10-31 Matures 2027-10-31
Key Metrics
Coupon Rate
7.54%
YTM (Annual)
7.45%
Credit Rating
AAA
(ICRA)
Remaining Tenure
1.2 Years
Advanced metrics
Modified Duration
1.03 Yrs
Macaulay Duration
1.10 Yrs
Issue Size
₹935 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.03 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-12
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.46 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
2017-10-31
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Indian Railway Finance Corporation, IRFC-7.54%-31-10-27-PVT is a secured, rated, ncd paying a 7.54% p.a. coupon annual. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-12 100.0705 7.4500 None
2026-08-10 99.6800 7.8000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2017-10-05
Rating Actions History 0
Secondary-Market Trades 2 NSE OTC (WAP) 2026-08-12
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 7.54% Oct 2027 NCD?

Indian Railway Finance 7.54% Oct 2027 NCD carries a coupon of 7.54%, paid annual, on a face value of ₹1,000,000.

When does Indian Railway Finance 7.54% Oct 2027 NCD mature?

Indian Railway Finance 7.54% Oct 2027 NCD matures on 2027-10-31, 1.2 years from today.

What is Indian Railway Finance 7.54% Oct 2027 NCD rated?

Indian Railway Finance 7.54% Oct 2027 NCD is rated AAA by ICRA. As of 2017-10-05.

Is Indian Railway Finance 7.54% Oct 2027 NCD secured?

Indian Railway Finance 7.54% Oct 2027 NCD is a secured bond.

Where does Indian Railway Finance 7.54% Oct 2027 NCD trade?

Indian Railway Finance 7.54% Oct 2027 NCD is listed on BSE.

What yield does Indian Railway Finance 7.54% Oct 2027 NCD currently offer?

The last recorded trade on 2026-08-12 priced Indian Railway Finance 7.54% Oct 2027 NCD at ₹100.07, implying a yield to maturity of 7.45%.

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