That is a really cheap bike. Cheap derailleurs, crank set, brakes, handlebars that look like they are steel. The fork tubing is flattened instead of using dropouts, rear dropouts are stamped.
That is a department store bike from about 20-25+ years ago, a well preserved one at that.
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1971 Paramount P-13 Chrome
1973 Paramount P-15 Opaque Blue
1974 Raleigh Professional Blue Mink
1991 Waterford Paramount
Holland Titanium Dura Ace Group
Holland Titanium Ultegra Triple Group