Punjab & Sind Bank raises Rs 300 cr via tier-II bonds

R. Yegyanarayanan Updated - June 21, 2011 at 11:49 AM.

Punjab & Sind Bank has raised unsecured redeemable non-convertible subordinated lower tier-II bonds for Rs 300 crore with a coupon of 9.73 per cent per annum payable annually, tenor of 124 months and with a call option at the end of six years. The issue opened and closed on June 20.

Published on June 21, 2011 06:19
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