State-owned Bank of India on Tuesday said it has raised funds through issue of long-term infrastructure bonds of ₹10,000 crore at a coupon rate of 7.23% per annum.
The base issue size was ₹5,000 crore with a green shoe option of ₹5,000 crore, the bank said in a statement.
The bank received a total of 83 bids, amounting to ₹15,305 crore. Out of this, the lender accepted 37 bids amounting to ₹10,000 crore.
1 December 2025
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The funds raised through long-term bonds will be used for funding long-term projects in infrastructure sub-sectors and affordable housing in accordance with RBI guidelines, it said.
The funds raised by the bank through this issue is not meant for financing any particular project, it added.
