Bank of Baroda Issues Basel III Compliant Tier II Bonds Worth Rs. 2500 Crore

Bank of Baroda has issued and allotted 2500 bonds of Rs. 1.00 crore each, with an issue size of Rs. 2500 crore, at an interest rate of 7.75%. The bonds are Basel III compliant Tier II bonds series XXV, with an ISIN of INEO28A08315. The issue opened on 20.12.2023 on NSE EBP Platform and closed on the same day. The date of allotment is 21.12.2023, and there are 33 allotees. This issue is in compliance with relevant regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.,