Loan & Debt30 Sept 2026, 01:53 pm
Bank of India Redeems ₹1,800 Cr Tier II Bonds
AI Summary
Bank of India has announced the full redemption of its 7.14% BOI Tier II Bonds Series XV, with ISIN INE084A08151. The redemption, amounting to ₹1,800 crores, was completed on September 30, 2026, including the principal amount and broken period interest. The call option was exercised for this redemption. The bank has made the repayment to bondholders, resulting in an outstanding amount of Nil for this series.
Key Highlights
- Bank of India redeemed ₹1,800 crore of Tier II Bonds.
- Redemption was executed on September 30, 2026.
- Call option was exercised for the bond redemption.
- Broken period interest of ₹64.08 crore was paid.
- Outstanding amount for this bond series is now Nil.
Price Impact
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