Bank of India Redeems 9.30% Additional Tier I Bonds Series VII
Bank of India announced the redemption of its 9.30% BOI Additional Tier I Bonds Series VII (ISIN No.INE084A08144) on March 30, 2026. The redemption, totaling Rs. 602 crores, was executed following the bank’s exercise of a call option.According to a regulatory filing, the full redemption involved 6020 bonds. Bondholders received the principal amount along with broken period interest of Rs. 55,67,92,268. The outstanding amount on the bonds is now nil. The last interest payment was made on April 2, 2025.
| Particulars | Details |
|---|---|
| ISIN | INE084A08144 |
| Type of redemption | Full |
| Reason for redemption | Call Option Exercised |
| Redemption date | 30.03.2026 |
| Amount redeemed | Rs. 602 crores |
| Outstanding amount | Nil |
| Date of last interest payment | 02/04/2025 |
| Amount of broken period interest paid | Rs. 55,67,92,268 |
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