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Indian Railway Finance Corporation 8.23% Mar 2029 NCD (INE053F07BE7)

CARE AAA / Stable Secured NCD

Indian Railway Finance Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

165 more bonds from Indian Railway Finance Corporation Limited →
Current YTM
—
No current market yield
Coupon Rate
8.23%
Per annum
Maturity Date
29 Mar 2029
2.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

Market Position

YTM (Annual)
—
No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 7 Aug 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
2.4 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.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

Payment schedule not projected

The issuer's filed interest dates do not follow the maturity-date anniversaries our projection assumes, so projected dates and accrued interest would be wrong. Payments the issuer has filed are listed under disclosed payments.

Payment Disclosures (SEBI Reg52(4))

1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-10-15 Interest ₹2,05,75,00,000.00 ₹2,05,75,00,000.00 Paid XBRL →
Non-payment reason: NA

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Bond Timeline

— Issue / Maturity | Coupon (projected) ◆ Reg52(4) disclosed ┊ Today
Today Interest paid (SEBI Reg52(4) disclosure) — due 15 Oct 2026 Issued 29 Mar 2019 Matures 29 Mar 2029

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics

Coupon Rate
8.23%
YTM (Annual)
—
Credit Rating
AAA
(CARE) · rated 9 Jul 2026, 3 months ago
Remaining Tenure
2.4 Years

AAA (CARE): Rated 9 Jul 2026 (3 months ago).

AAA (CRISIL): Rated 30 Apr 2019 (7 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹2,500 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
7 Aug 2026
NSE OTC (WAP)
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.97 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026
Instrument Type
NCD
Issue Date
29 Mar 2019
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Indian Railway Finance Corporation 8.23% Mar 2029 NCD is a secured, rated NCD issued by Indian Railway Finance Corporation Limited. It pays an 8.23% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

3 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
9 Jul 2026 CARE AAA Stable Latest CARE press release →
30 Apr 2019 CRISIL AAA — Latest BSE listing
2019 ICRA AAA — NSDL record, 2019 NSDL debt master
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about Indian Railway Finance Corporation Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE053F07BE7: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-08-07 102.6757 7.0800 —
2026-06-30 103.0323 6.9700 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 3 CARE, CRISIL, ICRA 2026-07-09
Rating Actions History 0 — —
Secondary-Market Trades 2 NSE OTC (WAP) 2026-08-07
Reg52(4) Payment Disclosures 1 NSE 2026-10-15
  • No trade in the last 30 days, so the last traded yield is not shown as current.

Documents

Entity metadata
Source
BSE
Last Updated
7 Nov 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.

Current Price (Clean)
₹10,26,757.00
YTM—
Trade Date 7 Aug 2026 93d ago
SourceNSE OTC (WAP)
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE053F07BE7
Issue Date
29 Mar 2019
Maturity Date
29 Mar 2029
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Indian Railway Finance Corporation 8.23% Mar 2029 NCD?

Indian Railway Finance Corporation 8.23% Mar 2029 NCD carries a coupon of 8.23%, paid annual, on a face value of ₹10,00,000.

When does Indian Railway Finance Corporation 8.23% Mar 2029 NCD mature?

Indian Railway Finance Corporation 8.23% Mar 2029 NCD matures on 29 Mar 2029, 2.4 years from today.

What is Indian Railway Finance Corporation 8.23% Mar 2029 NCD rated?

Indian Railway Finance Corporation 8.23% Mar 2029 NCD is rated AAA by CARE (rating dated 9 Jul 2026) and AAA by CRISIL (rating dated 30 Apr 2019).

Is Indian Railway Finance Corporation 8.23% Mar 2029 NCD secured?

Indian Railway Finance Corporation 8.23% Mar 2029 NCD is a secured bond.

Where does Indian Railway Finance Corporation 8.23% Mar 2029 NCD trade?

Indian Railway Finance Corporation 8.23% Mar 2029 NCD is listed on BSE.

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Maturity
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Indian Railway Finance Corporation 5.00% Nov 2026 NCD
INE053F07DE3
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Coupon
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Maturity
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Comparable NCDs maturing near 2029

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 8.23%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE756I07FQ4HDB Financial Services LimitedAAA8.23%2029-07-05
INE261F08BF1National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20198.24%2029-03-22
INE950O07487Mahindra Rural Housing Finance LimitedAAA8.25%2029-08-03
INE774D07VI2Mahindra and Mahindra Financial Services LimitedAAA NSDL record, 20258.25%2028-03-29
INE916DA7SM1Kotak Mahindra Prime LimitedAAA NSDL record, 20238.20%2028-12-15
INE033L07IW4Tata Capital Housing Finance Limited—8.20%2029-09-25

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