Indian Railway Finance Corporation Limited is an Indian company in the BFSI industry with 82 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 6.41% to 10.04% a year. One is a cumulative bond, which pays no periodic coupon; its contractual return is payable at maturity. Maturity dates run from 24 Nov 2026 to 4 Jun 2041. NSDL records 47 of the 82 whose terms it holds as secured. Latest credit ratings on record: CARE AAA (Stable) (action dated 9 Jul 2026); ICRA AAA (Stable) (action dated 31 Mar 2026); CRISIL AAA (Stable) (action dated 12 May 2025). Verify current terms against the official documents linked on this page.
Data as of 13 Nov 2026 (snapshot 20261113-2049) · How this page is compiled
Issuer overview
- Legal name
- Indian Railway Finance Corporation Limited
- CIN
- U65910DL1986GOI026363
- LEI
- 335800F2JHSOGXQEBY56
- Company status
- Active
- Industry
- BFSI
- Business
- Non-Banking Financial Company (NBFC)
- Ownership
- Public Sector Undertaking (PSU)
- ISIN issuer code
- INE053F
- Outstanding bonds (ISINs)
- 82 (plus 12 matured)
- Stated coupons (fixed rate)
- 6.41% – 10.04%
- Maturity dates
- 24 Nov 2026 – 4 Jun 2041
- Secured (NSDL)
- 47 of 82
- Combined issue size of outstanding bonds
- ₹185,775 crore
- Traded on
- BSE, NSE
Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.
Indian Railway Finance Corporation bonds: ISIN, coupon and maturity
82 outstanding bonds, by maturity date.
| ISIN | Type | Coupon | Interest paid | Allotted | Maturity | Face value | Issue size (₹ cr) | Security | Guarantee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE053F08338 | Bond (NCD) | 7.68% | Yearly | 24 Nov 2023 | 24 Nov 2026 | ₹1,00,000 | 2,404 | Unsecured | None recorded | BSE | CRISIL AAA 1 Nov 2023 |
| INE053F07538 | Tax-free bond | 8.1% | Yearly | 23 Feb 2012 | 23 Feb 2027 | ₹1,000 | 3,096 | Secured | None recorded | BSE, NSE | CRISIL AAA 23 Feb 2012 |
| INE053F07983 | Bond (NCD) | 7.83% | Yearly | 21 Mar 2017 | 21 Mar 2027 | ₹10,00,000 | 2,950 | Secured | None recorded | BSE | CRISIL AAA 14 Mar 2017 |
| INE053F07AA7 | Bond (NCD) | 7.49% | Yearly | 30 May 2017 | 30 May 2027 | ₹10,00,000 | 2,200 | Secured | None recorded | BSE | CRISIL AAA 23 May 2017 |
| INE053F09EO6 | Bond (NCD) | 10.04% | Half-yearly | 7 Jun 2007 | 7 Jun 2027 | ₹10,00,000 | 320 | Secured | None recorded | BSE | ICRA AAA 31 Mar 2026 |
| INE053F07AB5 | Bond (NCD) | 7.27% | Yearly | 15 Jun 2017 | 15 Jun 2027 | ₹10,00,000 | 2,050 | Secured | None recorded | BSE | CRISIL AAA 23 May 2017 |
| INE053F07AC3 | Bond (NCD) | 7.33% | Yearly | 28 Aug 2017 | 28 Aug 2027 | ₹10,00,000 | 1,745 | Secured | None recorded | BSE | CRISIL AAA 9 Aug 2017 |
| INE053F07AD1 | Bond (NCD) | 7.54% | Yearly | 31 Oct 2017 | 31 Oct 2027 | ₹10,00,000 | 935 | Secured | None recorded | — | CRISIL AAA 4 Oct 2017 |
| INE053F07579 | Tax-free bond | 7.34% | Yearly | 19 Feb 2013 | 19 Feb 2028 | ₹1,000 | 2,559 | Secured | None recorded | BSE, NSE | CRISIL AAA 19 Feb 2013 |
| INE053F07595 | Tax-free bond | 7.04% | Yearly | 23 Mar 2013 | 23 Mar 2028 | ₹1,000 | 264 | Secured | None recorded | NSE | CRISIL AAA 23 Mar 2013 |
| INE053F08510 | Bond (NCD) | 6.47% | Yearly | 30 May 2025 | 30 May 2028 | ₹1,00,000 | 3,000 | Unsecured | None recorded | BSE, NSE | CRISIL AAA 12 May 2025 |
| INE053F08320 | Bond (NCD) | 7.45% | Yearly | 27 Jun 2023 | 13 Oct 2028 | ₹1,00,000 | 1,940 | Unsecured | None recorded | — | CRISIL AAA 12 Jun 2023 |
| INE053F07629 | Tax-free bond | 8.48% | Yearly | 21 Nov 2013 | 21 Nov 2028 | ₹10,00,000 | 738 | Secured | None recorded | BSE | ICRA AAA 31 Mar 2026 |
| INE053F07AY7 | Bond (NCD) | 8.45% | Yearly | 4 Dec 2018 | 4 Dec 2028 | ₹10,00,000 | 3,000 | Secured | None recorded | BSE | CRISIL AAA 27 Nov 2019 |
| INE053F07AZ4 | Bond (NCD) | 8.4% | Yearly | 8 Jan 2019 | 8 Jan 2029 | ₹10,00,000 | 2,845 | Secured | None recorded | — | CRISIL AAA 24 Dec 2018 |
| INE053F07660 | Tax-free bond | 8.4% | Yearly | 18 Feb 2014 | 18 Feb 2029 | ₹1,000 | 1,090 | Secured | None recorded | BSE, NSE | CRISIL AAA 18 Dec 2013 |
| INE053F07686 | Tax-free bond | 8.65% | Yearly | 18 Feb 2014 | 18 Feb 2029 | ₹1,000 | 688 | Secured | None recorded | NSE | CRISIL AAA 18 Dec 2013 |
| INE053F07BA5 | Bond (NCD) | 8.55% | Yearly | 21 Feb 2019 | 21 Feb 2029 | ₹10,00,000 | 2,237 | Secured | None recorded | — | CRISIL AAA 25 Jan 2019 |
| INE053F07BC1 | Bond (NCD) | 8.35% | Yearly | 13 Mar 2019 | 13 Mar 2029 | ₹10,00,000 | 3,000 | Secured | None recorded | — | CRISIL AAA 25 Feb 2019 |
| INE053F07BD9 | Bond (NCD) | 8.3% | Yearly | 25 Mar 2019 | 25 Mar 2029 | ₹10,00,000 | 3,000 | Secured | None recorded | — | CRISIL AAA 19 Mar 2019 |
| INE053F07728 | Tax-free bond | 8.63% | Yearly | 26 Mar 2014 | 26 Mar 2029 | ₹1,000 | 948 | Secured | None recorded | NSE | CRISIL AAA 7 Feb 2014 |
| INE053F07744 | Tax-free bond | 8.19% | Yearly | 26 Mar 2014 | 26 Mar 2029 | ₹1,000 | 436 | Secured | None recorded | NSE | CRISIL AAA 7 Feb 2014 |
| INE053F07BE7 | Bond (NCD) | 8.23% | Yearly | 29 Mar 2019 | 29 Mar 2029 | ₹10,00,000 | 2,500 | Secured | None recorded | — | CRISIL AAA 19 Mar 2019 |
| INE053F08353 | Bond (NCD) | 7.57% | Yearly | 18 Jan 2024 | 18 Apr 2029 | ₹1,00,000 | 2,500 | Unsecured | None recorded | NSE | CRISIL AAA 12 Jan 2024 |
| INE053F07BR9 | Bond (NCD) | 7.95% | Yearly | 12 Jun 2019 | 12 Jun 2029 | ₹10,00,000 | 3,000 | Secured | None recorded | — | CRISIL AAA 4 Jun 2019 |
| INE053F08387 | Bond (NCD) | 7.46% | Yearly | 18 Mar 2024 | 18 Jun 2029 | ₹1,00,000 | 2,616 | Unsecured | None recorded | — | CRISIL AAA 12 Jun 2023 |
| INE053F08411 | Bond (NCD) | 7.37% | Yearly | 31 Jul 2024 | 31 Jul 2029 | ₹1,00,000 | 2,960 | Unsecured | None recorded | BSE, NSE | CRISIL AAA 31 May 2024 |
| INE053F07BU3 | Bond (NCD) | 7.48% | Yearly | 13 Aug 2019 | 13 Aug 2029 | ₹10,00,000 | 2,592 | Secured | None recorded | BSE | CRISIL AAA 7 Aug 2019 |
| INE053F07BW9 | Bond (NCD) | 7.5% | Yearly | 9 Sep 2019 | 9 Sep 2029 | ₹10,00,000 | 2,707 | Secured | None recorded | BSE | CRISIL AAA 4 Sep 2019 |
| INE053F07BX7 | Bond (NCD) | 7.55% | Yearly | 6 Nov 2019 | 6 Nov 2029 | ₹10,00,000 | 2,455 | Secured | None recorded | — | CRISIL AAA 11 Oct 2019 |
| INE053F09GR4 | Bond (NCD) | 8.8% | Half-yearly | 3 Feb 2010 | 3 Feb 2030 | ₹10,00,000 | 385 | Secured | None recorded | BSE | ICRA AAA 31 Mar 2026 |
| INE053F07CA3 | Bond (NCD) | 7.08% | Yearly | 28 Feb 2020 | 28 Feb 2030 | ₹10,00,000 | 3,000 | Secured | None recorded | — | CRISIL AAA 10 Feb 2020 |
| INE053F08494 | Bond (NCD) | 6.78% | Yearly | 28 Apr 2025 | 30 Apr 2030 | ₹1,00,000 | 3,000 | Unsecured | None recorded | BSE, NSE | CRISIL AAA 31 May 2024 |
| INE053F09GX2 | Bond (NCD) | 8.79% | Half-yearly | 4 May 2010 | 4 May 2030 | ₹10,00,000 | 1,410 | Secured | None recorded | BSE | ICRA AAA 31 Mar 2026 |
| INE053F08502 | Bond (NCD) | 6.65% | Yearly | 20 May 2025 | 20 May 2030 | ₹1,00,000 | 3,000 | Unsecured | None recorded | BSE, NSE | ICRA AAA 31 Mar 2026 |
| INE053F08528 | Bond (NCD) | 6.58% | Yearly | 30 May 2025 | 30 May 2030 | ₹1,00,000 | 3,000 | Unsecured | None recorded | NSE | CRISIL AAA 12 May 2025 |
| INE053F07801 | Bond (NCD) | 7.28% | Yearly | 21 Dec 2015 | 21 Dec 2030 | ₹1,000 | 2,057 | Secured | None recorded | BSE, NSE | CRISIL AAA 27 Nov 2015 |
| INE053F07835 | Bond (NCD) | 7.53% | Yearly | 21 Dec 2015 | 21 Dec 2030 | ₹1,000 | 1,074 | Secured | None recorded | BSE, NSE | CRISIL AAA 21 Apr 2020 |
| INE053F07884 | Bond (NCD) | 7.35% | Yearly | 22 Mar 2016 | 22 Mar 2031 | ₹1,000 | 1,016 | Secured | None recorded | BSE, NSE | CRISIL AAA 29 Feb 2016 |
| INE053F07900 | Bond (NCD) | 7.64% | Yearly | 22 Mar 2016 | 22 Mar 2031 | ₹1,000 | 1,194 | Secured | None recorded | BSE, NSE | CRISIL AAA 29 Feb 2016 |
| INE053F07CR7 | Bond (NCD) | 6.41% | Yearly | 30 Jul 2020 | 11 Apr 2031 | ₹10,00,000 | 2,000 | Secured | None recorded | — | CRISIL AAA 23 Jul 2020 |
| INE053F09HQ4 | Bond (NCD) | 9.47% | Half-yearly | 10 May 2011 | 10 May 2031 | ₹10,00,000 | 995 | Secured | None recorded | BSE | ICRA AAA 31 Mar 2026 |
| INE053F08106 | Bond (NCD) | 6.89% | Yearly | 19 Jul 2021 | 19 Jul 2031 | ₹10,00,000 | 2,981 | Unsecured | None recorded | — | CRISIL AAA 25 Jun 2021 |
| INE053F08122 | Bond (NCD) | 6.92% | Yearly | 31 Aug 2021 | 31 Aug 2031 | ₹10,00,000 | 4,000 | Unsecured | None recorded | BSE | CRISIL AAA 25 Aug 2021 |
| INE053F08163 | Bond (NCD) | 6.87% | Yearly | 21 Dec 2021 | 14 Apr 2032 | ₹10,00,000 | 1,180 | Unsecured | None recorded | BSE | CRISIL AAA 9 Dec 2021 |
| INE053F08197 | Bond (NCD) | 7.69% | Yearly | 11 Oct 2022 | 11 Oct 2032 | ₹10,00,000 | 2,500 | Unsecured | None recorded | — | ICRA AAA 31 Mar 2026 |
| INE053F08221 | Bond (NCD) | 7.65% | Yearly | 30 Dec 2022 | 30 Dec 2032 | ₹10,00,000 | 2,511 | Unsecured | None recorded | BSE | CRISIL AAA 19 Dec 2022 |
| INE053F08270 | Bond (NCD) | 7.75% | Yearly | 28 Feb 2023 | 15 Apr 2033 | ₹1,00,000 | 2,443 | Unsecured | None recorded | — | CRISIL AAA 21 Feb 2023 |
| INE053F08213 | Bond (NCD) | 7.47% | Yearly | 16 Dec 2022 | 15 Apr 2033 | ₹10,00,000 | 500 | Unsecured | None recorded | — | ICRA AAA 31 Mar 2026 |
| INE053F08247 | Bond (NCD) | 7.65% | Yearly | 18 Jan 2023 | 18 Apr 2033 | ₹1,00,000 | 2,500 | Unsecured | None recorded | — | CRISIL AAA 19 Dec 2022 |
| INE053F09HF7 | Bond (NCD) | 8.83% | Half-yearly | 14 May 2010 | 14 May 2033 | ₹10,00,000 | 220 | Secured | None recorded | BSE | ICRA AAA 31 Mar 2026 |
| INE053F08346 | Bond (NCD) | 7.67% | Yearly | 15 Dec 2023 | 15 Dec 2033 | ₹1,00,000 | 2,980 | Unsecured | None recorded | — | CRISIL AAA 8 Dec 2023 |
| INE053F08361 | Bond (NCD) | 7.48% | Yearly | 16 Feb 2024 | 16 Feb 2034 | ₹1,00,000 | 3,000 | Unsecured | None recorded | — | CRISIL AAA 8 Feb 2024 |
| INE053F08379 | Bond (NCD) | 7.44% | Yearly | 28 Feb 2024 | 28 Feb 2034 | ₹1,00,000 | 3,000 | Unsecured | None recorded | — | CRISIL AAA 12 Jun 2023 |
| INE053F09HG5 | Bond (NCD) | 8.83% | Half-yearly | 14 May 2010 | 14 May 2034 | ₹10,00,000 | 220 | Secured | None recorded | BSE | ICRA AAA 31 Mar 2026 |
| INE053F08395 | Bond (NCD) | 7.44% | Yearly | 13 Jun 2024 | 13 Jun 2034 | ₹1,00,000 | 3,000 | Unsecured | None recorded | NSE | CRISIL AAA 31 May 2024 |
| INE053F07BS7 | Bond (NCD) | 7.85% | Yearly | 1 Jul 2019 | 1 Jul 2034 | ₹10,00,000 | 2,120 | Secured | None recorded | BSE | CRISIL AAA 4 Jun 2019 |
| INE053F08403 | Bond (NCD) | 7.39% | Yearly | 15 Jul 2024 | 15 Jul 2034 | ₹1,00,000 | 3,000 | Unsecured | None recorded | NSE | CRISIL AAA 31 May 2024 |
| INE053F07BT5 | Bond (NCD) | 7.54% | Yearly | 29 Jul 2019 | 29 Jul 2034 | ₹10,00,000 | 2,456 | Secured | None recorded | — | CRISIL AAA 15 Jul 2019 |
| INE053F08429 | Bond (NCD) | 7.25% | Yearly | 29 Aug 2024 | 29 Aug 2034 | ₹1,00,000 | 2,900 | Unsecured | None recorded | NSE | CRISIL AAA 31 May 2024 |
| INE053F07BV1 | Bond (NCD) | 7.48% | Yearly | 29 Aug 2019 | 29 Aug 2034 | ₹10,00,000 | 2,107 | Secured | None recorded | — | CRISIL AAA 7 Aug 2019 |
| INE053F08445 | Bond (NCD) | 7.09% | Yearly | 16 Dec 2024 | 16 Dec 2034 | ₹1,00,000 | 2,345 | Unsecured | None recorded | NSE | CRISIL AAA 31 May 2024 |
| INE053F08452 | Bond (NCD) | 7.15% | Yearly | 27 Dec 2024 | 27 Dec 2034 | ₹1,00,000 | 2,840 | Unsecured | None recorded | NSE | CRISIL AAA 31 May 2024 |
| INE053F08460 | Bond (NCD) | 7.25% | Yearly | 17 Jan 2025 | 17 Jan 2035 | ₹1,00,000 | 2,780 | Unsecured | None recorded | NSE | CRISIL AAA 31 May 2024 |
| INE053F08486 | Bond (NCD) | 7.17% | Yearly | 27 Mar 2025 | 27 Apr 2035 | ₹1,00,000 | 3,000 | Unsecured | None recorded | BSE, NSE | CRISIL AAA 31 May 2024 |
| INE053F09HH3 | Bond (NCD) | 8.83% | Half-yearly | 14 May 2010 | 14 May 2035 | ₹10,00,000 | 220 | Secured | None recorded | BSE | ICRA AAA 31 Mar 2026 |
| INE053F07CD7 | Bond (NCD) | 6.9% | Yearly | 5 Jun 2020 | 5 Jun 2035 | ₹10,00,000 | 2,565 | Secured | None recorded | BSE | CRISIL AAA 1 Jun 2020 |
| INE053F07CQ9 | Bond (NCD) | 6.73% | Yearly | 6 Jul 2020 | 6 Jul 2035 | ₹10,00,000 | 3,000 | Secured | None recorded | BSE | CRISIL AAA 29 Jun 2020 |
| INE053F08536 | Bond (NCD) | Cumulative | At maturity | 1 Dec 2025 | 1 Dec 2035 | ₹1,00,000 | 2,982 | Unsecured | None recorded | BSE, NSE | CRISIL AAA 12 May 2025 |
| INE053F07819 | Bond (NCD) | 7.25% | Yearly | 21 Dec 2015 | 21 Dec 2035 | ₹1,000 | 294 | Secured | None recorded | NSE | CRISIL AAA 27 Nov 2015 |
| INE053F07843 | Bond (NCD) | 7.5% | Yearly | 21 Dec 2015 | 21 Dec 2035 | ₹1,000 | 370 | Secured | None recorded | NSE | CRISIL AAA 27 Nov 2015 |
| INE053F08114 | Bond (NCD) | 7.03% | Yearly | 30 Jul 2021 | 30 Jul 2036 | ₹10,00,000 | 4,693 | Unsecured | None recorded | BSE | CRISIL AAA 26 Jul 2021 |
| INE053F08155 | Bond (NCD) | 6.95% | Yearly | 24 Nov 2021 | 24 Nov 2036 | ₹10,00,000 | 5,000 | Unsecured | None recorded | BSE | CRISIL AAA 12 Nov 2021 |
| INE053F08205 | Bond (NCD) | 7.64% | Yearly | 28 Nov 2022 | 28 Nov 2037 | ₹10,00,000 | 3,955 | Unsecured | None recorded | — | CRISIL AAA 16 Nov 2022 |
| INE053F08296 | Bond (NCD) | 7.74% | Yearly | 17 Mar 2023 | 15 Apr 2038 | ₹1,00,000 | 2,825 | Unsecured | None recorded | — | CRISIL AAA 21 Feb 2023 |
| INE053F08437 | Bond (NCD) | 7.15% | Yearly | 13 Nov 2024 | 14 Nov 2039 | ₹1,00,000 | 1,415 | Unsecured | None recorded | NSE | CRISIL AAA 31 May 2024 |
| INE053F08478 | Bond (NCD) | 7.28% | Yearly | 14 Feb 2025 | 14 Feb 2040 | ₹1,00,000 | 3,000 | Unsecured | None recorded | NSE | CRISIL AAA 31 May 2024 |
| INE053F07CS5 | Bond (NCD) | 6.85% | Yearly | 29 Oct 2020 | 29 Oct 2040 | ₹10,00,000 | 5,991 | Secured | None recorded | BSE | CRISIL AAA 23 Oct 2020 |
| INE053F07CT3 | Bond (NCD) | 6.85% | Yearly | 1 Dec 2020 | 1 Dec 2040 | ₹10,00,000 | 4,652 | Secured | None recorded | — | CRISIL AAA 23 Nov 2020 |
| INE053F07CV9 | Bond (NCD) | 7.21% | Yearly | 25 Feb 2021 | 25 Feb 2041 | ₹10,00,000 | 1,955 | Secured | None recorded | — | CRISIL AAA 8 Feb 2021 |
| INE053F07CW7 | Bond (NCD) | 6.8% | Yearly | 30 Mar 2021 | 30 Apr 2041 | ₹10,00,000 | 1,375 | Secured | None recorded | — | CRISIL AAA 12 Mar 2021 |
| INE053F08098 | Bond (NCD) | 6.99% | Yearly | 4 Jun 2021 | 4 Jun 2041 | ₹10,00,000 | 1,994 | Unsecured | None recorded | — | CRISIL AAA 17 May 2021 |
Notes on this table
- Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
- Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
- Cumulative bonds pay no periodic coupon; the contractual return is payable at maturity. The amount shown is that return per unit of face value, and the yearly rate is worked out from it and the allotment and maturity dates.
- "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
- Prices and yields are not shown. They change with every trade: see BSE and NSE.
- Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Cumulative NCD · Credit rating.
Public NCD issues
| Issuer | Opened | Coupon | Tenor | Rating | Issue size |
|---|---|---|---|---|---|
| Indian Railway Finance Corporation | 18 Jan 2021 | — | — | — | — |
Private placements and disclosure documents
From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.
Company details
- Date of incorporation
- 12 Dec 1986
- Category
- Indian Railway Finance Corporation Limited (IRFCL), as per its credit rating report, was incorporated by the Government of India, Ministry of Railways, in 1986 as a financing arm of the Indian Railways for raising necessary resources for meeting its development needs. Its business is leasing of rolling stock assets, railway infrastructure assets and lending to other entities under the MOR. It is also registered as a systemically important non-deposit-taking non-banking financial company and Infrastructure Finance Company with the RBI. The company has also been assigned the task of funding Railway Projects through the Institutional Finance (EBR-IF) route. Its lending operations include providing loans to Rail Vikas Nigam Limited, Konkan Railway Corporation Limited (KRCL), Pipavav Railway Corporation Limited (PRCL), IRCON. Its borrowing operations include taxable and tax-free bond issuances, term loans from banks and and others.
- Class
- https://irfc.co.in/
- Listed / unlisted
- Listed
- Registered office
- UG FLOOR, EAST TOWER, NBCC PLACE BISHAM PITAMAH MARG, LODHI ROAD, PRAGATI VIHAR , Lodi Road Central Delhi, 110003
- State
- Delhi
- Registrar of Companies
- Delhi
- Authorised capital
- 2.50E+11
- Paid-up capital
- 1.31E+11
- Last AGM
- 25 Aug 2026
Indian Railway Finance Corporation bonds: questions and answers
What bonds has Indian Railway Finance Corporation Limited issued?
Indian Railway Finance Corporation Limited has 82 outstanding bonds recorded on this page. By type, as described by NSDL: 74 bond (ncd), 8 tax-free bond. 12 further ISINs on record have passed their maturity dates and are not counted as outstanding.
What are the ISINs of Indian Railway Finance Corporation Limited bonds?
Its 82 outstanding bonds each have their own ISIN, for example INE053F08338, INE053F07538, INE053F07983. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE053F.
What coupon rates do Indian Railway Finance Corporation Limited bonds pay?
Stated coupons on its fixed-rate outstanding bonds range from 6.41% to 10.04% a year on face value. One cumulative bond pays no periodic coupon; its contractual return is payable at maturity. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.
When do Indian Railway Finance Corporation Limited bonds mature?
Its outstanding bonds have maturity dates from 24 Nov 2026 to 4 Jun 2041. The bond table lists the maturity date of each ISIN.
What is the latest credit rating of Indian Railway Finance Corporation Limited bonds?
NSDL India Bond Info records CARE AAA (Stable) (action dated 9 Jul 2026); ICRA AAA (Stable) (action dated 31 Mar 2026); CRISIL AAA (Stable) (action dated 12 May 2025) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.
Are Indian Railway Finance Corporation Limited bonds secured, unsecured or guaranteed?
NSDL records 47 of the 82 outstanding bonds whose terms it holds as secured and 35 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.
Where can investors find the original disclosure documents for Indian Railway Finance Corporation Limited bonds?
Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.
How can investors check the current market price or yield of Indian Railway Finance Corporation Limited bonds?
This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.
What is a cumulative bond?
A cumulative bond pays no periodic coupon. The contractual return builds up over its life and is payable with the face value at maturity, so this page shows the amount payable at maturity and the yearly rate it works out to, instead of a yearly coupon.
Sources and dates
- NSDL India Bond Info: bond terms, issuer identity and ratings by ISIN
- BSE and NSE: bonds that have traded, and their exchange listings
- BSE: privately placed debt securities
- Methodology: how these pages are compiled and checked
Data as of 13 Nov 2026 (snapshot 20261113-2049). Facts on this page last changed on 5 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.
