Bank of Baroda completes private placement of Basel III compliant Tier-ll Bonds-Sr. XVII

Bank of Baroda has privately placed non convertible, redeemable, un-secured Basel III compliant Tier-ll Bonds (Series XVII Coupon 9.73% p.a.) aggregating Rs. 1000/- crores for which allotment process has been completed.

Shares of Bank of Baroda was last trading BSE at Rs.650.30, up by Rs.1 or 0.15%. The stock hit an intraday high of Rs.674 and intraday low of Rs.642.45.

The total traded quantity was 3.26 lakh shares as compared to 2 week average of 2.02 lakh shares.

Source : Equity Bulls

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