NEW DELHI- Punjab & Sind Bank has come out with issue of Long Term Bonds (Infrastructure) amounting to Rs. 3,000 crore on Private Placement Basis on 18.12.2024.The Bank received total bids amounting to Rs. 6,031 crore in an overwhelming response from investors and the issue was oversubscribed by 12 times against the base issue size of Rs. 500 crore. Further, the Bank has decided to accept bids of Rs. 3,000 crore at coupon rate of 7.74% p.a.
PUNJAB & SIND BANK ISSUES LONG TERM BONDS OF RS. 3,000 CRORE.
