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Indian Railway Finance 7.50% Sep 2029 NCD

AAA Secured NCD

Indian Railway Finance Corporation

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

Current YTM
7.35%
Market YTM
Coupon Rate
7.50%
Per annum
Maturity Date
09 Sep 2029
3.0 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.35%
Live, last traded 2026-08-20
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+133 bps
vs 3.0Y G-Sec at 6.02%
Below the median spread for similar-tenor peers
Tenure
3.0 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-16 2026-08-20
Cashflow Timeline
9 Sep 2026
Interest Payment
₹75,000.00 / Bond
9 Sep 2027
Interest Payment
₹75,000.00 / Bond
9 Sep 2028
Interest Payment
₹75,000.00 / Bond
9 Sep 2029
Principal Payment
₹1,000,000.00 / Bond

Next 3 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2019-09-09 Matures 2029-09-09
Key Metrics
Coupon Rate
7.50%
YTM (Annual)
7.35%
Credit Rating
AAA
(CARE)
Remaining Tenure
3.0 Years
Advanced metrics
Modified Duration
2.45 Yrs
Macaulay Duration
2.63 Yrs
Issue Size
₹2,707 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
2.45 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-20
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.50 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
2019-09-09
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Indian Railway Finance Corporation issued this secured, rated, ncd (IRFC-7.50%-9-9-29-PVT) carrying a 7.50% p.a. coupon, paid annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-20 100.3688 7.3500 None
2026-07-24 100.6547 7.2500 None
2026-07-16 100.8553 7.1800 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2019-09-30
Rating Actions History 0
Secondary-Market Trades 3 NSE OTC (WAP) 2026-08-20
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 7.50% Sep 2029 NCD?

Indian Railway Finance 7.50% Sep 2029 NCD carries a coupon of 7.50%, paid annual, on a face value of ₹1,000,000.

When does Indian Railway Finance 7.50% Sep 2029 NCD mature?

Indian Railway Finance 7.50% Sep 2029 NCD matures on 2029-09-09, 3.0 years from today.

What is Indian Railway Finance 7.50% Sep 2029 NCD rated?

Indian Railway Finance 7.50% Sep 2029 NCD is rated AAA by CARE. As of 2019-09-30.

Is Indian Railway Finance 7.50% Sep 2029 NCD secured?

Indian Railway Finance 7.50% Sep 2029 NCD is a secured bond.

Where does Indian Railway Finance 7.50% Sep 2029 NCD trade?

Indian Railway Finance 7.50% Sep 2029 NCD is listed on BSE.

What yield does Indian Railway Finance 7.50% Sep 2029 NCD currently offer?

The last recorded trade on 2026-08-20 priced Indian Railway Finance 7.50% Sep 2029 NCD at ₹100.37, implying a yield to maturity of 7.35%.

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