Bank of India — Important, 27-02-2025: Updates

Bank of India has set the record date of March 16, 2025, for annual interest payments on various bonds, totaling ₹16,990 crore (cr) across multiple issuances. The interest is scheduled for disbursement on April 2, 2025, due to a bank holiday on April 1, 2025. Key bonds include Tier I Series VI, VII, and VIII with coupon rates of 9.04%, 9.30%, and 8.57% respectively, as well as Tier II Series XII and other LTB Infra series bonds, exhibiting varying rates. This update signals a sustained commitment to bondholders and may provide investors with a continued income stream, indicating a stable outlook for the bank’s financial obligations. Observers should continue to monitor upcoming developments relating to interest payments and overall bond performance.