Question
What type of bonds did the Indian Railway Finance
Corporation (IRFC) raise in November 2024?Solution
The Indian Railway Finance Corporation (IRFC) raised ₹2,345 crore through 10-year bonds at a coupon rate of 7.09% in November 2024. This was slightly reduced from the previous coupon rate of 7.14%, reflecting cost-effective borrowing in the bond market.
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