Bank of India raises Rs 1000 crore by issue of Tier II Bonds

Capital Market 

On 27 March 2017

of has raised Rs.1,000 crore by issue of Basel-III compliant Tier-II Bonds (Series XIV) on 27 March 2017. The Bonds have been rated as BWR AA (+) by Brickwork Ratings and IND AA (+) by Ratings & Research and bear coupon rate of 8% p.a.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Bank of India raises Rs 1000 crore by issue of Tier II Bonds

On 27 March 2017

On 27 March 2017

of has raised Rs.1,000 crore by issue of Basel-III compliant Tier-II Bonds (Series XIV) on 27 March 2017. The Bonds have been rated as BWR AA (+) by Brickwork Ratings and IND AA (+) by Ratings & Research and bear coupon rate of 8% p.a.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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