I

Indian Railway Finance Corpo… ZC Mar 2046 NCD

AAA Unsecured NCD

Indian Railway Finance Corporation Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2046

Current YTM
No live YTM available
Coupon Rate
Per annum
Maturity Date
30 Mar 2046
19.6 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Tenure
19.6 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

Single payment at maturity

Zero-coupon / bullet bond — principal repaid on 2046-03-30.
Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2016-03-30 Matures 2046-03-30
Key Metrics
Coupon Rate
YTM (Annual)
Credit Rating
AAA
(CARE)
Remaining Tenure
19.6 Years
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹7,434 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2016-03-30
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
None disclosed

Issued by Indian Railway Finance Corporation Limited, GSEC LINKED UNSECURED RATED UNLISTED NON CONVERTIBLE BOND IN NATURE OF DEBENTURE. SERIES 109.DATE OF MATURITY 30/03/2046 is a rated, ncd paying a 0.00% p.a. coupon semi annual. The instrument repays principal on maturity.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2015-10-14
Rating Actions History 0
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 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
When does Indian Railway Finance Corpo… ZC Mar 2046 NCD mature?

Indian Railway Finance Corpo… ZC Mar 2046 NCD matures on 2046-03-30, 19.6 years from today.

What is Indian Railway Finance Corpo… ZC Mar 2046 NCD rated?

Indian Railway Finance Corpo… ZC Mar 2046 NCD is rated AAA by CARE. As of 2015-10-14.

Is Indian Railway Finance Corpo… ZC Mar 2046 NCD secured?

Indian Railway Finance Corpo… ZC Mar 2046 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Indian Railway Finance Corpo… ZC Mar 2046 NCD trade?

Indian Railway Finance Corpo… ZC Mar 2046 NCD is listed on UNLISTED.

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