I

Indian Railway Finance Corpo… 7.47% Apr 2033 NCD

AAA Unsecured NCD

Indian Railway Finance Corporation Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2033

Current YTM
No live YTM available
Coupon Rate
7.47%
Per annum
Maturity Date
15 Apr 2033
6.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~7.47%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+66 bps
vs 6.6Y G-Sec at 6.81% *
Below the median spread for similar-tenor peers
Tenure
6.6 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
16 Dec 2026
Interest Payment
₹74,700.00 / Bond
16 Dec 2027
Interest Payment
₹74,700.00 / Bond
16 Dec 2028
Interest Payment
₹74,700.00 / Bond
16 Dec 2029
Interest Payment
₹74,700.00 / Bond
16 Dec 2030
Interest Payment
₹74,700.00 / Bond
16 Dec 2031
Interest Payment
₹74,700.00 / Bond
16 Dec 2032
Interest Payment
₹74,700.00 / Bond
15 Apr 2033
Principal Payment
₹1,000,000.00 / Bond

Next 7 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2022-12-16 Matures 2033-04-15
Key Metrics
Coupon Rate
7.47%
YTM (Annual)
Credit Rating
AAA
(ICRA)
Remaining Tenure
6.6 Years
Advanced metrics
Modified Duration
4.96 Yrs
Macaulay Duration
5.33 Yrs
Issue Size
₹500 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
4.96 Yrs
Price sensitivity per 1% yield move
Payment Frequency
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.
  • Coupon is 2.53 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2022-12-16
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.47% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTRUES SERIES 166 DATE OF MATURITY 15/04/2033 is a rated, redeemable ncd issued by Indian Railway Finance Corporation Limited. The bond offers a fixed coupon of 7.47% p.a. with annual interest payments and repays principal on maturity.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2022-12-09
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
What is the coupon rate on Indian Railway Finance Corpo… 7.47% Apr 2033 NCD?

Indian Railway Finance Corpo… 7.47% Apr 2033 NCD carries a coupon of 7.47%, paid annual, on a face value of ₹1,000,000.

When does Indian Railway Finance Corpo… 7.47% Apr 2033 NCD mature?

Indian Railway Finance Corpo… 7.47% Apr 2033 NCD matures on 2033-04-15, 6.6 years from today.

What is Indian Railway Finance Corpo… 7.47% Apr 2033 NCD rated?

Indian Railway Finance Corpo… 7.47% Apr 2033 NCD is rated AAA by ICRA. As of 2022-12-09.

Is Indian Railway Finance Corpo… 7.47% Apr 2033 NCD secured?

Indian Railway Finance Corpo… 7.47% Apr 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

More Bonds from This Issuer
5
Indian Railway Finance Cor… 5.00% Aug 2026 NCD
AAA
Coupon
5.00%
Maturity
31 Aug 2026
5
Indian Railway Finance Cor… 5.00% Sep 2026 NCD
AAA
Coupon
5.00%
Maturity
30 Sep 2026
7
Indian Railway Finance Cor… 7.23% Oct 2026 NCD
AAA
Coupon
7.23%
Maturity
15 Oct 2026
5
Indian Railway Finance Cor… 5.00% Oct 2026 NCD
AAA
Coupon
5.00%
Maturity
31 Oct 2026
Compare (/) Compare Bonds

← Back to screener