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Indian Railway Finance Corporation 6.80% Apr 2041 NCD (INE053F07CW7)

CARE AAA / Stable Secured NCD

Indian Railway Finance Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2041

165 more bonds from Indian Railway Finance Corporation Limited →
Current YTM
—
No market YTM available
Coupon Rate
6.80%
Per annum
Maturity Date
30 Apr 2041
14.5 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 with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
14.5 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.

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 ₹93,50,00,000.00 ₹93,50,00,000.00 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 30 Mar 2021 Matures 30 Apr 2041

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

Key Metrics

Coupon Rate
6.80%
YTM (Annual)
—
Credit Rating
AAA
(CARE) · rated 9 Jul 2026, 3 months ago
Remaining Tenure
14.5 Years

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

AAA (CRISIL): Rated 30 Apr 2021 (5 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
₹1,375 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
—
No recorded trades
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 3.40 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
30 Mar 2021
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Indian Railway Finance Corporation Limited, Indian Railway Finance Corporation 6.80% Apr 2041 NCD is a secured, rated NCD. It pays a 6.80% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 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 2021 CRISIL AAA Stable Latest BSE listing
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.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2026-07-09
Rating Actions History 0 — —
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 1 NSE 2026-10-15
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

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)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE053F07CW7
Issue Date
30 Mar 2021
Maturity Date
30 Apr 2041
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Indian Railway Finance Corporation 6.80% Apr 2041 NCD?

Indian Railway Finance Corporation 6.80% Apr 2041 NCD carries a coupon of 6.80%, paid annual, on a face value of ₹10,00,000.

When does Indian Railway Finance Corporation 6.80% Apr 2041 NCD mature?

Indian Railway Finance Corporation 6.80% Apr 2041 NCD matures on 30 Apr 2041, 14.5 years from today.

What is Indian Railway Finance Corporation 6.80% Apr 2041 NCD rated?

Indian Railway Finance Corporation 6.80% Apr 2041 NCD is rated AAA by CARE (rating dated 9 Jul 2026) and AAA by CRISIL (rating dated 30 Apr 2021).

Is Indian Railway Finance Corporation 6.80% Apr 2041 NCD secured?

Indian Railway Finance Corporation 6.80% Apr 2041 NCD is a secured bond.

Where does Indian Railway Finance Corporation 6.80% Apr 2041 NCD trade?

Indian Railway Finance Corporation 6.80% Apr 2041 NCD is listed on BSE.

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Comparable NCDs maturing near 2041

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 6.80%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE020B08FS4REC LimitedAAA7.02%2040-04-30
INE906B07IH3National Highways Authority of IndiaAAA NSDL record, 20207.03%2040-12-15
INE906B07IZ5National Highways Authority of IndiaAAA NSDL record, 20217.05%2041-09-28
INE906B07IF7National Highways Authority of IndiaAAA7.14%2040-09-10
INE0KUG08118National Bank for Financing Infrastructure and DevelopmentAAA7.15%2040-11-13
INE090A08UN9ICICI Bank LimitedAAA NSDL record, 20257.40%2040-11-28

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