Bank of Baroda has announced that the bank through its London branch has raised US$ 350 million by way of 5-1/2 years senior unsecured bonds maturing on 07 October 2015. The bond carries a coupon of 4.75% with the yield to maturity of 4.886. The borrowing is to fund the bank`s overseas assets growth.
Source :www.biginfotech.in
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