Bank of India — Important, 03-04-2025: Updates
In compliance with SEBI regulations, Bank of India has provided a detailed update on its outstanding debt securities. The bank currently has multiple perpetual securities with varying coupon rates, ranging from 7.14% to 9.30%. Key figures include an issuance amount of ₹750 Cr for the earliest perpetual security, alongside additional securities with sizes of ₹1,500 Cr, ₹3,000 Cr, and up to ₹5,000 Cr for others. The disclosures include important details such as maturity dates and call options available, highlighting the structured nature of their debt instruments. This initiative strengthens the bank's capital structure and provides investors with insights into its fixed-income offerings. Investors should consider how these debt securities align with their portfolios, given the potential yield advantages and risk profiles involved.
