Punjab National Bank (PNB) has established a Euro Medium Term Note Programme, a significant development in its international fundraising strategy. The programme is valued at USD 1.50 Billion. The bank has submitted its offering circular to the India International Exchange (IFSC) Limited, making it available for review on their website. This initiative highlights PNB’s proactive approach to securing funding from international capital markets.
PNB Establishes Euro Medium Term Note Programme
Punjab National Bank (PNB) has announced the establishment of a significant international debt instrument, a Euro Medium Term Note Programme with an aggregate value of USD 1.50 Billion. This strategic move underscores the bank’s commitment to diversifying its funding sources and accessing global capital markets effectively.
Offering Circular Available
In connection with this programme, the offering circular has been submitted to India International Exchange (IFSC) Limited. The document detailing the terms and conditions of the Euro Medium Term Note Programme is now accessible on the India International Exchange’s official website, www.indiainx.com, providing transparency for potential investors and stakeholders.
This announcement, dated 16.09.2026, is made in compliance with the applicable regulations concerning disclosures and intimations to the stock exchanges.
Source: BSE
