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UNION BANK OF INDIA - Issue of Bonds
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29 Mar 2016
Union Bank of India has informed BSE that Union Bank of India has issued 10,000 basel III compliant Tier II bonds of face value of Rs. 10,00,000/- each at par, with 10 year tenure, bearing 8.61% p.a. coupon payable annually and with call option after 5 years, aggregating to Rs.1,000/- crore (Rupees One Thousand Crores Only) on private placement basis on March 29, 2016. The Bonds are rated &quot;IND AA+&quot; by India Rating.
View all announcements for UNION BANK OF INDIA Source: BSE India