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IRFC issues $750 mn bonds at a fixed rate of 2.80% for 10 years

  • Capital Market
  • Last Updated : February 5, 2021, 10:45 IST
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Renganathan who is also a cyber security researcher, said that the user who booked the ticket and the ticket should be validated so that no one else can access it except the booked user, as a mitigation.
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Indian Railway Finance Corporation on 3 February, 2021priced its $ 750,000,000 bonds based on a Rule 144A / Regulation S offering format under IRFC’s recently updated USD 4 billion global medium-term note programme.

The bonds will be issued on 10 February 2021 for a tenor of 10 years at a fixed rate of 2.80%. The bonds carry semi-annual interest payment and bullet principal repayment.

The bonds will be listed on the Singapore Exchange Securities Trading, IndiaInternational Exchange (IFSC) and International Securities Market of the London Stock Exchange.

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Published: February 5, 2021, 10:45 IST

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