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Bank of Baroda issued ₹5,000 crore of 10-year infrastructure bonds at 7.26% coupon, marking its second issuance in two weeks.
Bank of Baroda (BoB) raised ₹5,000 crore through a 10-year infrastructure bond issuance at a 7.26% coupon rate, marking its second issuance in two weeks.
The offering was oversubscribed, with demand reaching ₹14,215 crore.
This issuance exhausts BoB's ₹10,000 crore limit for infrastructure bonds, though it can still raise ₹7,500 crore from additional tier-I or tier-II bonds.
Investors included mutual funds, insurers, and pension funds.
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El Banco de Baroda emitió 5.000 millones de coronas de bonos de infraestructura a 10 años con un cupón del 7,26%, lo que marca su segunda emisión en dos semanas.