Byusnewsr1-

Jan 27, 2021

Bank of India raises 750 CR via AT-1 bonds

Bank of India raises 750 CR via AT-1 bonds

On Wednesday, the Bank of India (BoI) raised ₹ 750 crore via additional five-year Basel III Compliant Level 1 (AT-1) bonds with a maturity of 9.04% at a coupon rate of 9.04%. The public sector bank, in a statement, said the AT-1 bond issue, which was on a private placement basis, was oversubscribed with the […]
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