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| Edited By: |Source: Reuters |Updated: Mar 17, 2018, 05:50 AM IST
Indian Railway Finance Corp (IRFC) plans to raise at least Rs10 billion rupees via tax-free bonds through private placement, two bankers to the deal said on Thursday.
IRFC plans to sell 5 year bond at 6.05%, 7 year bonds at 6.32% and 10 year bonds at 6.72%.
The bonds have a AAA rating by CARE and ICRA.
The bond issue opens on Nov. 15 and closes on Dec 3.
