I

Indian Railway Finance 7.68% Nov 2026 NCD

AAA / Stable Unsecured NCD

Indian Railway Finance Corporation

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2026

Current YTM
6.65%
Market YTM
Coupon Rate
7.68%
Per annum
Maturity Date
24 Nov 2026
0.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
6.65%
Live, last traded 2026-08-11
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+138 bps
vs 0.2Y G-Sec at 5.27%
Below the median spread for similar-tenor peers
Tenure
0.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-29 2026-08-11
Cashflow Timeline
24 Nov 2026
Principal Payment
₹100,000.00 / Bond

Next 0 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2023-11-24 Matures 2026-11-24
Key Metrics
Coupon Rate
7.68%
YTM (Annual)
6.65%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
0.2 Years
Advanced metrics
Modified Duration
0.22 Yrs
Macaulay Duration
0.24 Yrs
Issue Size
₹2,404 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
0.22 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-11
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.32 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2023-11-24
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Indian Railway Finance Corporation issued this rated, ncd (IRFC-7.68%-24-11-26-PVT) carrying a 7.68% p.a. coupon, paid annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-11 100.2713 6.6500 None
2026-07-31 100.1881 7.0000 None
2026-06-29 100.1731 7.1500 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, CRISIL 2023-11-30
Rating Actions History 0
Secondary-Market Trades 3 NSE OTC (WAP) 2026-08-11
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 7.68% Nov 2026 NCD?

Indian Railway Finance 7.68% Nov 2026 NCD carries a coupon of 7.68%, paid annual, on a face value of ₹100,000.

When does Indian Railway Finance 7.68% Nov 2026 NCD mature?

Indian Railway Finance 7.68% Nov 2026 NCD matures on 2026-11-24, 0.2 years from today.

What is Indian Railway Finance 7.68% Nov 2026 NCD rated?

Indian Railway Finance 7.68% Nov 2026 NCD is rated AAA by CRISIL and AAA by CARE. As of 2023-11-30.

Is Indian Railway Finance 7.68% Nov 2026 NCD secured?

Indian Railway Finance 7.68% Nov 2026 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Indian Railway Finance 7.68% Nov 2026 NCD trade?

Indian Railway Finance 7.68% Nov 2026 NCD is listed on BSE.

What yield does Indian Railway Finance 7.68% Nov 2026 NCD currently offer?

The last recorded trade on 2026-08-11 priced Indian Railway Finance 7.68% Nov 2026 NCD at ₹100.27, implying a yield to maturity of 6.65%.

More Bonds from This Issuer
I
Indian Railway Finance 7.41% Oct 2026 NCD
AAA
Coupon
7.41%
Maturity
15 Oct 2026
I
Indian Railway Finance ZC Nov 2026 NCD
AAA
Coupon
Maturity
08 Nov 2026
I
Indian Railway Finance 7.83% Mar 2027 NCD
AAA
Coupon
7.83%
Maturity
21 Mar 2027
I
Indian Railway Finance 7.49% May 2027 NCD
AAA
Coupon
7.49%
Maturity
30 May 2027
Compare (/) Compare Bonds

← Back to screener