| Instrument Description (Long): |
7.29% (FOR CATEGORY IV i.e. RIIs- 7.29% p.a. IF ON RECORD DATE BONDS HELD BY RII ELSE 7.04% p.a.) SECURED REDEEMABLE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES. SERIES 107th A. LETTER OF ALLOTMENT. DATE OF MATURITY 22/03/2026 |
| Instrument Description(short): |
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR-107 A 7.29 BD 22MR26 FVRS1000 LOAUPTO17M16 |
| ISIN: |
INE053F07892 |
|
| 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: |
7.29% |
| |
|
|
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): |
190.713 |
| Series (if any): |
SERIES 107 A |
|
Total Allotment Quantity: |
1281503 |
| Whether bonds/debentures fall under Infrastructure category as per Government notification: |
No |
|
Date of Allotment: |
22-Mar-2016 |
| |
|
Tenure of the instrument at the time of Issuance: |
Year
:
10
Months
:
0
Days
:
0
|
| |
|
Frequency of Interest Payment with specified dates: |
ANNUAL ON 15 OCT EVERY YEAR |
| Scheduled Opening Date: |
10-Mar-2016 |
|
Put Option with specified dates: |
|
| Scheduled Closing Date: |
14-Mar-2016 |
|
Call Option with specified dates: |
|
| Actual Closing Date: |
14-Mar-2016 |
|
Redemption Date/Last Conversion Date: |
22-Mar-2026 |
| |
|
|
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 |
