Bank of India to float bonds on September 13 to raise up to Rs 2,000 crore

Bank of India to float bonds on September 13 to raise up to Rs 2,000 crore.

The Bank of India is preparing to issue Basel-III Tier-II bonds on September 13th in an effort to raise Rs 2,000 crore.

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These bonds have a tenure of 10 years and include a call option after 5 years.

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These bonds will also have a call option of five years.

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