Bank of Baroda has disclosed a detailed statement of its outstanding bonds for the financial year ending 31 March 2026. The bank’s bonds, issued on 11 September 2019, have a maturity date set for 11 September 2034, carrying a coupon rate of 7.75% per annum with yearly payment frequency. The total amount issued and outstanding for this bond is ₹500 crore, with a call option embedded.
The bank’s bond issuance includes several other bonds with varying coupon rates and maturity dates. Notably, a bond issued on 15 January 2020, maturing on 15 January 2035, has a coupon rate of 7.84% per annum, with an outstanding amount of ₹2,000 crore. Another significant issuance is a perpetual bond from 26 November 2021, offering a 7.95% coupon rate, amounting to ₹1,997 crore outstanding.
Further, the bank issued a bond on 31 January 2022, also perpetual, with an 8.00% coupon rate, maintaining an outstanding amount of ₹752 crore. Among the recent issuances, a bond dated 2 September 2022, which is perpetual, offers a 7.88% coupon rate and has an outstanding amount of ₹2,474 crore.
The bank has also issued a bond on 1 December 2023, maturing on 1 December 2033, with a 7.68% coupon rate and an outstanding amount of ₹5,000 crore. The most recent bond, issued on 5 March 2026, is set to mature on 5 March 2033, offering a 7.10% coupon rate with an outstanding amount of ₹10,000 crore.
These bonds are managed by IDBI TrusteeShip Services Ltd and Axis Trustee Services Limited, ensuring compliance and oversight.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).