I

Indian Railway Finance 8.79% May 2030 NCD

Secured NCD

Indian Railway Finance Corporation

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2030

Current YTM
7.59%
Market YTM
Coupon Rate
8.79%
Per annum
Maturity Date
04 May 2030
3.7 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.59%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+125 bps
vs 3.7Y G-Sec at 6.34%
Below the median spread for similar-tenor peers
Tenure
3.7 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-05 2026-08-24
Cashflow Timeline
4 Nov 2026
Interest Payment
₹43,950.00 / Bond
4 May 2027
Interest Payment
₹43,950.00 / Bond
4 Nov 2027
Interest Payment
₹43,950.00 / Bond
4 May 2028
Interest Payment
₹43,950.00 / Bond
4 Nov 2028
Interest Payment
₹43,950.00 / Bond
4 May 2029
Interest Payment
₹43,950.00 / Bond
4 Nov 2029
Interest Payment
₹43,950.00 / Bond
4 May 2030
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 2010-05-04 Matures 2030-05-04
Key Metrics
Coupon Rate
8.79%
YTM (Annual)
7.59%
Credit Rating
Remaining Tenure
3.7 Years
Advanced metrics
Modified Duration
3.04 Yrs
Macaulay Duration
3.15 Yrs
Issue Size
₹1,410 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.04 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-24
BSE
Trades (30 Days)
5
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No public credit rating is available for this bond.
  • 5 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.21 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2010-05-04
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

IRFC-8.79%-4-5-30-PVT is a secured, redeemable ncd issued by Indian Railway Finance Corporation. The bond offers a fixed coupon of 8.79% p.a. with semi annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 104.2200 7.5900 2
2026-08-20 104.1900 7.6100 3
2026-08-17 103.9200 7.6900 1
2026-08-13 104.0800 7.6500 1
2026-08-05 105.8000 7.1200 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 0
Secondary-Market Trades 5 BSE 2026-08-24
Reg52(4) Payment Disclosures 0
  • No public credit rating on file for this bond.
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 8.79% May 2030 NCD?

Indian Railway Finance 8.79% May 2030 NCD carries a coupon of 8.79%, paid semi annual, on a face value of ₹1,000,000.

When does Indian Railway Finance 8.79% May 2030 NCD mature?

Indian Railway Finance 8.79% May 2030 NCD matures on 2030-05-04, 3.7 years from today.

Is Indian Railway Finance 8.79% May 2030 NCD secured?

Indian Railway Finance 8.79% May 2030 NCD is a secured bond.

Where does Indian Railway Finance 8.79% May 2030 NCD trade?

Indian Railway Finance 8.79% May 2030 NCD is listed on BSE.

What yield does Indian Railway Finance 8.79% May 2030 NCD currently offer?

The last recorded trade on 2026-08-24 priced Indian Railway Finance 8.79% May 2030 NCD at ₹104.22, implying a yield to maturity of 7.59%.

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