Union Bank of India has announced the redemption of certain bonds due to the exercise of a call option. The redemption is subject to regulatory approval. The bond series being redeemed is XXVII, with an ISIN of INE692A08110. The issue size is ₹ 500 Crores, carrying a coupon rate of 8.73%. The redemption payment date is set for 15-12-2025, and the record date is 30-11-2025.
Bond Redemption Announcement
Union Bank of India has announced the upcoming redemption of its bonds, initiated through the exercise of a call option. The details regarding this bond redemption are outlined below.
Key Redemption Details
The specific details for the bond redemption are as follows:
- Bond Series: XXVII
- ISIN Number: INE692A08110
- Issue Size: ₹ 500 Crores
- Coupon Rate: 8.73%
- Date of Redemption Payment: 15-12-2025
- Record Date: 30-11-2025
Source: BSE
