Instrument Description (Long): |
8.19% (FOR CATEGORY I, II & III i.e. non-RIIs) TAX FREE SECURED NON CONVERTIBLE REDEEMABLE BONDS. TRANCHE II SERIES 95th. LETTER OF ALLOTMENT. DATE OF MATURITY 26/03/2024 |
Instrument Description(short): |
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR-95 8.19 BD 26MR24 FVRS1000 LOA UPTO 25MR14 |
ISIN: |
INE053F07710 |
|
Type of Instrument: |
Bonds |
|
Face Value (per instrument):: |
1000 |
Whether Secured or Unsecured: |
Secured |
|
Coupon Basis: |
Fixed Interest |
Whether Guaranteed or Partially Guaranteed: |
Not guaranteed |
|
Coupon Rate: |
8.19% |
|
|
|
Details of Variable Coupon Rate: |
N.A. |
Seniority in Repayment: |
Senior |
|
Day Count Convention: |
Actual/actual |
Whether tax free: |
Yes |
|
Mode of Issue: |
Public Issue |
If Tax free - Section of The Income Tax Act,1961: |
Under Section 10(15)(iv)(h) |
|
Issue price (per instrument): |
1000 |
|
|
Issue Size (in Crores): |
231.152 |
Series (if any): |
SERIES 95TH |
|
Total Allotment Quantity: |
2311520 |
Whether bonds/debentures fall under Infrastructure category as per Government notification: |
No |
|
Date of Allotment: |
26-Mar-2014 |
|
|
Tenure of the instrument at the time of Issuance: |
Year
:
10
Months
:
0
Days
:
0
|
|
|
Frequency of Interest Payment with specified dates: |
ANNUALLY ON 15TH APRIL EVERY YEAR |
Scheduled Opening Date: |
28-Feb-2014 |
|
Put Option with specified dates: |
|
Scheduled Closing Date: |
07-Mar-2014 |
|
Call Option with specified dates: |
|
Actual Closing Date: |
07-Mar-2014 |
|
Redemption Date/Last Conversion Date: |
26-Mar-2024 |
|
|
|
Defaulted in Redemption: |
Not Applicable |
|
|
|
If guaranteed, provide complete details regarding the Guarantee: |
N.A. |
|
Redemption Premium Details: |
N.A. |
Step up / Step down coupon basis: |
|
|
Step up / Step down details: |
N.A. |
Indicate whether Put option will be exercised at Discount/Premium/Par: |
|
|
Put option details: |
N.A. |
Indicate whether Call option will be exercised at Discount/Premium/Par: |
|
|
Call option details: |
N.A. |
Whether Debentures/Bonds are perpetual in nature: |
No |
|
Indicate whether the instrument is rated: |
Yes |
Type of Convertibility - A: |
Non Convertible |
|
Convertibility details: |
N.A. |
Type of Convertibility - B: |
|
|
Coupon Type: |
Simple |
Compounding Frequency Details: |
N.A. |
|
If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: |
FIRST PARI PASSU CHARGE ON THE IDENTIFIED PRESENT AND FUTURE MOVABLE ASSETS OF THE COMPANY COMPRISING OF ROLLING STOCK SUCH AS WAGONS LOCOMOTIVES AND COACHES AS MAY BE AGREED BETWEEN THE COMPANY AND THE DEBENTURE TRUSTEE |