coupon rate

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    Indian Bank Raises ₹5,000 Crore Through Infrastructure Bonds

    Mumbai, March 23 The state-run Indian Bank announced on Monday that it had raised ₹5,000 crore through a 10-year long-term infrastructure bond issue at a coupon rate of 7.15 per cent.The lender received two bids for a total amount of ₹3,100 crore at a 7.13 per cent coupon, two bids each for a...
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    SBI Raises ₹6,051 Crore in Tier II Bond Issuance

    New Delhi, March 18 State Bank of India (SBI) on Tuesday said it has raised ₹6,051 crore through its second Basel III-compliant Tier II bond issuance at a coupon rate of 7.05 per cent.The funds raised will be used for the bank's business growth.The bonds are issued for a period of 10 years...
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    SBI Raises ₹6,051 Crore in Tier 2 Bond Issuance

    New Delhi, March 17 State Bank of India (SBI) announced on Tuesday that it has raised ₹6,051 crore through its second Basel III-compliant Tier 2 bond issuance at a coupon rate of 7.05 per cent.The funds raised will be used for the bank's business growth.The bonds have a tenor of 10 years...
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    Bank of Baroda Raises ₹10,000 Crore in Green Infrastructure Bonds

    New Delhi, March 5 State-owned Bank of Baroda (BoB) announced on Thursday that it had raised ₹10,000 crore through the issuance of long-term green infrastructure bonds, becoming the first bank in India to issue such an instrument domestically.The issue attracted overwhelming investor demand...
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    Canara Bank Issues Bonds with 'AAA' Rating and Basel III Compliance

    Mumbai, February 26 State-owned lender Canara Bank raised ₹5,000 crore through the sale of bonds on Thursday.Tier-II bonds, compliant with Basel III regulations, with a maturity of 10 years, were sold at a coupon rate of 7.24 per cent, according to market sources.The initial issue was for...
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