Quarterly Result30 March 2026 at 09:49 am
Bank of India Redeems 9.30% BOI Additional Tier I Bonds Series VII Worth Rs. 602 Crores
AI Summary
The Bank of India has successfully redeemed the 9.30% BOI Additional Tier I Bonds Series VII, with a total value of Rs. 602 crores. The repayment of the principal amount along with broken period interest was made to the bondholders on the maturity date, 30th March 2026. This redemption was carried out as the bank exercised the call option available to them.
Key Highlights
- Bank of India has redeemed 9.30% BOI Additional Tier I Bonds Series VII worth Rs. 602 crores.
- The redemption was carried out on the maturity date, 30th March 2026, as the bank exercised the call option.
- The principal amount along with broken period interest was repaid to the bondholders.
- The outstanding amount is now Nil.
- The last interest payment was made on 2nd April 2025.
BANKINDIAPublic Sector Bank
BANK OF INDIAPrice Impact