I

Indian Railway Finance Corpo… 8.83% May 2035 NCD

Secured NCD

Indian Railway Finance Corporation Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2035

Current YTM
7.62%
Market YTM
Coupon Rate
8.83%
Per annum
Maturity Date
14 May 2035
8.6 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.62%
Live, last traded 2026-09-22
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+103 bps
vs 8.6Y G-Sec at 6.59%
Below the median spread for similar-tenor peers
Tenure
8.6 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
14 Nov 2026
Interest Payment
₹44,150.00 / Bond
14 May 2027
Interest Payment
₹44,150.00 / Bond
14 Nov 2027
Interest Payment
₹44,150.00 / Bond
14 May 2028
Interest Payment
₹44,150.00 / Bond
14 Nov 2028
Interest Payment
₹44,150.00 / Bond
14 May 2029
Interest Payment
₹44,150.00 / Bond
14 Nov 2029
Interest Payment
₹44,150.00 / Bond
14 May 2030
Interest Payment
₹44,150.00 / Bond
14 May 2035
Principal Payment
₹1,000,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2010-05-14 Matures 2035-05-14
Key Metrics
Coupon Rate
8.83%
YTM (Annual)
7.62%
Credit Rating
Remaining Tenure
8.6 Years
Advanced metrics
Modified Duration
5.91 Yrs
Macaulay Duration
6.14 Yrs
Issue Size
₹220 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
5.91 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-09-22
NSE OTC (WAP)
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No public credit rating is available for this bond.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.17 percentage points below the median for tracked NCD bonds. (based on 18660 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2010-05-14
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Indian Railway Finance Corporation Limited, 8.83% Secured Non Convertible Taxable Bonds in the form of Promissory Notes. 71st E Series. Letter of Allotment. Date of Maturity: 14/05/2035 is a secured, ncd paying a 8.83% p.a. coupon semi annual. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-09-22 108.4620 7.6200 1
2026-09-21 106.9302 7.8800 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 0
Secondary-Market Trades 2 NSE OTC (WAP) 2026-09-22
Reg52(4) Payment Disclosures 0
  • No public credit rating on file for this bond.
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… 8.83% May 2035 NCD?

Indian Railway Finance Corpo… 8.83% May 2035 NCD carries a coupon of 8.83%, paid semi annual, on a face value of ₹1,000,000.

When does Indian Railway Finance Corpo… 8.83% May 2035 NCD mature?

Indian Railway Finance Corpo… 8.83% May 2035 NCD matures on 2035-05-14, 8.6 years from today.

Is Indian Railway Finance Corpo… 8.83% May 2035 NCD secured?

Indian Railway Finance Corpo… 8.83% May 2035 NCD is a secured bond.

What yield does Indian Railway Finance Corpo… 8.83% May 2035 NCD currently offer?

The last recorded trade on 2026-09-22 priced Indian Railway Finance Corpo… 8.83% May 2035 NCD at ₹108.46, implying a yield to maturity of 7.62%.

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