848IRFC28B848IRFC28B848IRFC28B

848IRFC28B

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848IRFC28B analysis



Key facts


Issue date
Nov 21, 2013
Maturity date
Nov 21, 2028
Outstanding amount
‪7.38 B‬INR
Face value
1,000,000.00INR
Minimum denomination
50,000,000.00INR
Coupon
8.48% (Fixed)
Yield to maturity
4.09%
Indian Railway Finance Corp. Ltd. engages in the business of borrowing funds from the finance markets to finance the acquisition of assets which are leased out to the Indian Railways as finance lease. The company was founded on December 12, 1986 and is headquartered in New Delhi, India.
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