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      Question

      What type of bonds did the Indian Railway Finance

      Corporation (IRFC) raise in November 2024?
      A 5-year bonds Correct Answer Incorrect Answer
      B 7-year bonds Correct Answer Incorrect Answer
      C 10-year bonds Correct Answer Incorrect Answer
      D 15-year bonds Correct Answer Incorrect Answer
      E 20-year bonds Correct Answer Incorrect Answer

      Solution

      The Indian Railway Finance Corporation (IRFC) raised β‚Ή2,345 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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