Bank of India scores big with Rs 2,500 crore bond deal

Finance

Big GuyBig Guy

Bank of India scores big with Rs 2,500 crore bond deal

Hey there! The Bank of India just snagged a whopping Rs 2,500 crore with their tier II bonds at a spicy 7.28 percent cut-off, and HUDCO isn’t far behind, raising Rs 1,905 crore at 6.98 percent! Investors, especially those pension fund folks, jumped in like it was a pizza party after other bond plans got canceled. It’s a bond bonanza, baby! Who knew finance could be this fun?