Bank of Baroda, founded in 1908 and headquartered in Vadodara, India, is a prominent public sector financial institution committed to providing comprehensive banking services. With a robust presence across India and several international branches, Bank of Baroda offers a diverse range of products, including retail banking, corporate banking, treasury services, and wealth management.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BOBIN 7.39% 2029-08-17 INRBank of Baroda | India | 2029-08-17 | 7.390 | 7.27 |
| BOBIN 7.57% 2034-01-25 INRBank of Baroda | India | 2034-01-25 | 7.570 | 7.48 |
| BOBIN 7.57% 2034-02-22 INRBank of Baroda | India | 2034-02-22 | 7.570 | 7.67 |
| BOBIN 7.68% 2033-12-01 INRBank of Baroda | India | 2033-12-01 | 7.680 | 7.45 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The bank has actively engaged in the bond market since the early 1990s, marking its foray into bond issuance with the launch of fixed-rate bonds in 1996. Recently, Bank of Baroda issued a ₹1,000 crore bond in August 2023, featuring a competitive yield structure that aligns well with industry standards. This issuance focuses on raising funds for retail loans, showcasing the bank’s strategy to enhance its lending portfolio while maintaining capital adequacy ratios. Notably, the bonds are characterized by call options that offer flexibility to investors, which has garnered positive market feedback amidst growing interest rates.