Bank of India has announced the allotment of Long Term Bonds (Infrastructure) Series IV amounting to ₹10,000 Crore on a Private Placement Basis. The bonds, dated December 23, 2025, are unsecured, subordinated, redeemable, and non-convertible. The allotment date is December 26, 2025. This issuance is part of the bank’s strategy to strengthen its capital base.
Bond Allotment Details
Bank of India has successfully allotted Long Term Bonds (Infrastructure) Series IV with a total value of ₹10,000 Crore via private placement. The bonds were officially issued on December 23, 2025, and the allotment was completed on December 26, 2025.
Key Features of the Bonds
The bonds are unsecured, subordinated, and redeemable. They are also non-convertible and taxable, listed, and fully paid-up. They represent debentures with a face value of ₹1 lakh each. The ISIN for these bonds is INE084A08235.
Coupon Rate and Issue Size
The bonds carry a coupon rate of 7.23% P.A. The base issue size was ₹5,000 crore, with a Green Shoe Option also of ₹5,000 crore, bringing the total issue size to ₹10,000 crore.
Volume and Allottees
A total of 10,00,000 bonds, each with a face value of ₹1,00,000, were issued. The bank allotted these bonds to 11 allottees. The issue opened and closed on December 23, 2025.
Source: BSE
