Bank Of Baroda Raises ₹6,678 Crore Through Overseas Bonds, Investor Demand Peaks At ₹25,472 Crore
Mumbai: Bank of Baroda has raised USD 700 million , or about Rs 6,678 crore, through a two-part overseas bond issue that attracted demand nearly four times the amount offered. The bank issued three-year and five-year senior unsecured fixed-rate notes through its banking unit at GIFT City. The bonds were issued under its USD 4 billion medium-term note programme. Strong Demand Investor orders…
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