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 |
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.