Bank of India raises ₹2,690 crore through Infra Bonds
Bank of India said it has raised 10 years Infrastructure Bonds of ₹2,690 crore @ 7.50% p.a, through NSE Electronic Bidding Platform. The Base Issue size was ₹1,500 crore with Green Shoe option of ₹3,500 crore. “Bank received total of 94 bids amounting to ₹8,845 crore, 5.90 times of the Base issue size. Bank accepted…
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