Bank of India has exercised its call option to redeem its 9.04% Additional Tier I Bonds Series VI, with ISIN INE084A08136, amounting to Rs. 750 crores. The redemption was executed on January 28, 2026, and included repayment of the principal and broken period interest to bondholders.
BOI Redeems Bonds
Bank of India (BOI) announced the redemption of its 9.04% Additional Tier I Bonds Series VI today, January 28, 2026. The total amount redeemed is Rs. 750 crores (ISIN INE084A08136). This includes both the principal repayment and the broken period interest payment to the bondholders.
Redemption Details
Here are the key details of the redemption:
- Type of Redemption: Full
- Reason for Redemption: Call Option exercised
- Redemption Date (Call Option): 28.01.2026
- Quantity Redeemed: 7500 (Number of NCDs)
- Actual Date for Redemption: 28.01.2026
- Amount Redeemed: Rs.750 crores
- Outstanding Amount: Nil
- Date of Last Interest Payment: 02/04/2025
- Amount of Broken Period Interest Paid: Rs.56,09,75,427
Source: BSE
