Money & Banking

BoB issues Basel III compliant AT-I bonds worth ₹833 crore

Our Bureau Mumbai | Updated on November 17, 2020 Published on November 17, 2020

Bank of Baroda (BoB) on Tuesday said it has issued and allotted Basel III Compliant Additional Tier (AT) I Bonds aggregating ₹833 crore to 10 allottees.

The issue of “8.50 per cent unsecured, rated, listed, subordinated, non-convertible, fully paid up AT I perpetual bonds” opened and closed on November 12, 2020 on BSE Bond platform, the public sector bank said in a regulatory filing. The bonds were allotted on Tuesday.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on November 17, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.