I

Indian Railway Finance 6.73% Jul 2035 NCD

AAA Secured NCD

Indian Railway Finance Corporation

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2035

Current YTM
7.57%
Market YTM
Coupon Rate
6.73%
Per annum
Maturity Date
06 Jul 2035
8.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.57%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+119 bps
vs 8.9Y G-Sec at 6.38%
Below the median spread for similar-tenor peers
Tenure
8.9 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
6 Jul 2027
Interest Payment
₹67,300.00 / Bond
6 Jul 2028
Interest Payment
₹67,300.00 / Bond
6 Jul 2029
Interest Payment
₹67,300.00 / Bond
6 Jul 2030
Interest Payment
₹67,300.00 / Bond
6 Jul 2031
Interest Payment
₹67,300.00 / Bond
6 Jul 2032
Interest Payment
₹67,300.00 / Bond
6 Jul 2033
Interest Payment
₹67,300.00 / Bond
6 Jul 2034
Interest Payment
₹67,300.00 / Bond
6 Jul 2035
Principal Payment
₹1,000,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2020-07-06 Matures 2035-07-06
Key Metrics
Coupon Rate
6.73%
YTM (Annual)
7.57%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
8.9 Years
Advanced metrics
Modified Duration
6.35 Yrs
Macaulay Duration
6.83 Yrs
Issue Size
₹3,000 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
6.35 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-24
BSE
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 3.27 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
2020-07-06
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

IRFC-6.73%-6-7-35-PVT is a secured, rated, redeemable ncd issued by Indian Railway Finance Corporation. The bond offers a fixed coupon of 6.73% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 94.6800 7.5700 2
2026-08-20 94.1000 7.6600 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2020-07-31
Rating Actions History 0
Secondary-Market Trades 2 BSE 2026-08-24
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 6.73% Jul 2035 NCD?

Indian Railway Finance 6.73% Jul 2035 NCD carries a coupon of 6.73%, paid annual, on a face value of ₹1,000,000.

When does Indian Railway Finance 6.73% Jul 2035 NCD mature?

Indian Railway Finance 6.73% Jul 2035 NCD matures on 2035-07-06, 8.9 years from today.

What is Indian Railway Finance 6.73% Jul 2035 NCD rated?

Indian Railway Finance 6.73% Jul 2035 NCD is rated AAA by CRISIL. As of 2020-07-31.

Is Indian Railway Finance 6.73% Jul 2035 NCD secured?

Indian Railway Finance 6.73% Jul 2035 NCD is a secured bond.

Where does Indian Railway Finance 6.73% Jul 2035 NCD trade?

Indian Railway Finance 6.73% Jul 2035 NCD is listed on BSE.

What yield does Indian Railway Finance 6.73% Jul 2035 NCD currently offer?

The last recorded trade on 2026-08-24 priced Indian Railway Finance 6.73% Jul 2035 NCD at ₹94.68, implying a yield to maturity of 7.57%.

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