Indian Railway Finance Corporation 6.89% Jul 2031 NCD (INE053F08106)
Indian Railway Finance Corporation Limited
Unsecured, Rated, Taxable, Redeemable NCD
Browse: AAA rated bonds · bonds maturing in 2031
Issuer events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- 15 Oct 2026 Interest payment notice Submission of Interest payment confirmation of IRFC various series of Bonds due on 15.10.2026 under SEBI LODR Regulations
- 15 Sep 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
- 1 Sep 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
- 10 Aug 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
Market Position
Price vs Yield
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.Bond Timeline
Key Metrics
Advanced metrics
Market Characteristics
Observations
- This bond is unsecured.
- 2 secondary-market trades recorded in the last 30 days.
- Coupon is 3.31 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 8 Nov 2026Issued by Indian Railway Finance Corporation Limited, Indian Railway Finance Corporation 6.89% Jul 2031 NCD is an unsecured, rated NCD. It pays a 6.89% p.a. coupon, annually. Principal is repaid at maturity.
Rating Timeline
2 ratings on fileEvery 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.
| Date | Agency | Rating | Outlook | Status | Source |
|---|---|---|---|---|---|
| 9 Jul 2026 | CARE | AAA | Stable | Latest | CARE press release → |
| 31 Jul 2021 | CRISIL | AAA | — | Latest | BSE listing |
Recent Market Prices
| Trade Date | Clean Price | YTM (%) | Trades |
|---|---|---|---|
| 2026-10-15 | 97.6400 | 7.4800 | 1 |
| 2026-10-14 | 96.9400 | 7.6700 | 2 |
| 2026-09-25 | 96.4800 | 7.7800 | 1 |
| 2026-08-26 | 96.4800 | 7.7701 | — |
| 2026-08-25 | 96.4800 | 7.7701 | — |
| 2026-07-31 | 98.7091 | 7.2000 | — |
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 2 | CARE, CRISIL | 2026-07-09 |
| Rating Actions History | 0 | — | — |
| Secondary-Market Trades | 6 | BSE | 2026-10-15 |
| Reg52(4) Payment Disclosures | 0 | — | — |
Documents
Entity metadata
- Source
- BSE
- Last Updated
- 8 Nov 2026
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What is the coupon rate on Indian Railway Finance Corporation 6.89% Jul 2031 NCD?
Indian Railway Finance Corporation 6.89% Jul 2031 NCD carries a coupon of 6.89%, paid annual, on a face value of ₹10,00,000.
When does Indian Railway Finance Corporation 6.89% Jul 2031 NCD mature?
Indian Railway Finance Corporation 6.89% Jul 2031 NCD matures on 19 Jul 2031, 4.7 years from today.
What is Indian Railway Finance Corporation 6.89% Jul 2031 NCD rated?
Indian Railway Finance Corporation 6.89% Jul 2031 NCD is rated AAA by CARE (rating dated 9 Jul 2026) and AAA by CRISIL (rating dated 31 Jul 2021).
Is Indian Railway Finance Corporation 6.89% Jul 2031 NCD secured?
Indian Railway Finance Corporation 6.89% Jul 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.
Where does Indian Railway Finance Corporation 6.89% Jul 2031 NCD trade?
Indian Railway Finance Corporation 6.89% Jul 2031 NCD is listed on BSE.
What yield does Indian Railway Finance Corporation 6.89% Jul 2031 NCD currently offer?
The last recorded trade on 15 Oct 2026 priced Indian Railway Finance Corporation 6.89% Jul 2031 NCD at ₹9,76,400.00 per bond, implying a yield to maturity of 7.48%.
More Bonds from This Issuer
Comparable NCDs maturing near 2031
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 6.89%. For comparison only, not a recommendation.
| Bond | Issuer | Rating | Coupon | Maturity |
|---|---|---|---|---|
| INE040A08AD7 | HDFC Bank Limited | AAA | 6.88% | 2031-06-16 |
| INE040A08781 | HDFC Bank Limited | AAA | 6.88% | 2031-09-24 |
| INE020B08DA7 | REC Limited | AAA | 6.90% | 2031-03-31 |
| INE134E08LN6 | Power Finance Corporation Limited | AAA | 6.92% | 2032-04-14 |
| INE153A08097 | Mahanagar Telephone Nigam Limited | AAA | 6.85% | 2030-12-20 |
| INE589A08043 | NLC India Limited | AAA | 6.85% | 2032-04-13 |