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Indian Railway Finance 9.47% May 2031 Bond

AAA Secured PSU BOND

Indian Railway Finance Corporation

Secured, Rated, Taxable, Redeemable PSU BOND

Browse: AAA rated bonds · bonds maturing in 2031

Current YTM
7.86%
Market YTM
Coupon Rate
9.47%
Per annum
Maturity Date
10 May 2031
4.7 Yrs to Maturity
Interest Payment
None
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.86%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+129 bps
vs 4.7Y G-Sec at 6.57%
Below the median spread for similar-tenor peers
Tenure
4.7 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-06 2026-08-26
Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.
Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2011-05-10 Matures 2031-05-10
Key Metrics
Coupon Rate
9.47%
YTM (Annual)
7.86%
Credit Rating
AAA
(CARE)
Remaining Tenure
4.7 Years
Advanced metrics
Modified Duration
3.64 Yrs
Macaulay Duration
3.93 Yrs
Issue Size
₹995 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.64 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Last Trade
2026-08-26
NSE OTC (WAP)
Trades (30 Days)
6
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 6 secondary-market trades recorded in the last 30 days.
Structured Overview Data as of 8 Aug 2026
Instrument Type
PSU BOND
Issue Date
2011-05-10
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Indian Railway Finance Corporation issued this secured, rated, psu bond (IRFC-76B-9.47%-10-05-2031-PVT) carrying a 9.47% p.a. coupon, paid . It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-26 106.8000 7.8608 None
2026-08-25 106.8000 7.8608 None
2026-08-19 108.7200 7.3800 1
2026-08-13 108.8800 7.3500 2
2026-08-11 109.2800 7.2500 1
2026-08-10 108.9200 7.3400 1
2026-07-06 108.6600 7.4400 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2013-07-31
Rating Actions History 0
Secondary-Market Trades 7 NSE OTC (WAP) 2026-08-26
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
When does Indian Railway Finance 9.47% May 2031 Bond mature?

Indian Railway Finance 9.47% May 2031 Bond matures on 2031-05-10, 4.7 years from today.

What is Indian Railway Finance 9.47% May 2031 Bond rated?

Indian Railway Finance 9.47% May 2031 Bond is rated AAA by CARE. As of 2013-07-31.

Is Indian Railway Finance 9.47% May 2031 Bond secured?

Indian Railway Finance 9.47% May 2031 Bond is a secured bond.

Where does Indian Railway Finance 9.47% May 2031 Bond trade?

Indian Railway Finance 9.47% May 2031 Bond is listed on BSE.

What yield does Indian Railway Finance 9.47% May 2031 Bond currently offer?

The last recorded trade on 2026-08-26 priced Indian Railway Finance 9.47% May 2031 Bond at ₹106.80, implying a yield to maturity of 7.86%.

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