Bank of India has successfully executed the payment of annual interest to bondholders of its Basel III Compliant Additional Tier I, Tier II, and Infrastructure Bonds. The payments, originally due on April 1, 2026, were processed on April 2, 2026, due to a bank holiday. This disbursement reflects the bank’s continued commitment to meeting its financial obligations regarding its capital-strengthening debt instruments.
Interest Payment Overview
Bank of India has confirmed the distribution of annual interest for its various series of Basel III compliant bonds. The interest payments cover a wide range of debt securities, including Additional Tier I Bonds, Tier II Bonds, and Infrastructure Bonds. All payments were successfully credited to bondholders following the March 16, 2026 record date.
Tier I and Tier II Bond Distributions
The bank disbursed interest for its Additional Tier I Bond (ISIN: INE084A08169), totaling ₹128,55,00,000. Similarly, multiple series of Tier II Bonds received interest payouts, including distributions of ₹128,52,00,000, ₹157,60,00,000, ₹187,25,00,000, and ₹54,84,93,153 respectively, based on the respective issue sizes.
Infrastructure Bond Payouts
The interest payment schedule also encompassed the bank’s Infrastructure Bonds. Notable payouts include ₹377,00,00,000, ₹370,50,00,000, ₹201,75,00,000, and ₹190,15,89,042 across four distinct bond series. These payments ensure that all debt service requirements for the current period have been fully met by the bank.
Source: BSE
