Bank Of India Sets March 16 Record Date For ₹32,990 Crore Bond Interest Payments Due April 1

Leading public sector bank, Bank of India on February 26, 2026 informed exchanges under Regulation 60(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that it has fixed March 16, 2026 as the record date for annual interest payments due on April 1, 2026 across multiple privately placed bond series.

Record Date Fixed Under SEBI LODR For Multiple Bond Series

In its filing (Ref No: HO: IRC:SVM: 2025-26:429), the bank detailed record dates for nine outstanding debt instruments issued on a private placement basis. The interest payment date for all listed series falls on April 1, 2026.

The instruments covered include Tier I and Tier II capital bonds as well as long-term infrastructure bonds (LTB Infra). Coupon rates across the series range from 7.14% to 8.57%, with aggregate outstanding values as disclosed amounting to ₹32,990 crore.

Key instruments and terms disclosed:

• Tier I – Series VIII (ISIN INE084A08169): ₹1,500 crore at 8.57%
• Tier II – Series XV (ISIN INE084A08151): ₹1,800 crore at 7.14%
• Tier II – Series XVI (ISIN INE084A08177): ₹2,000 crore at 7.88%
• Tier II – Series XVII (ISIN INE084A08193): ₹2,500 crore at 7.49%
• Tier II – Series XVIII (ISIN INE084A08227): ₹2,500 crore at 7.28%
• LTB Infra – Series I (ISIN INE084A08185): ₹5,000 crore at 7.54%
• LTB Infra – Series II (ISIN INE084A08201): ₹5,000 crore at 7.41%
• LTB Infra – Series III (ISIN INE084A08219): ₹2,690 crore at 7.50%
• LTB Infra – Series IV (ISIN INE084A08235): ₹10,000 crore at 7.23%

The record date has been fixed for the purpose of determining eligible bondholders entitled to receive annual interest. The bank further stated that since April 1, 2026 is a bank holiday in Mumbai, the interest payment will be effected on April 2, 2026.

Under Regulation 60(2) of SEBI LODR, listed entities are required to intimate stock exchanges of record dates for interest, dividend or redemption payments on non-convertible securities.

Bank Of India Stock Market Snapshot

Share price of Bank of India were trading at ₹176.14 on the National Stock Exchange, up ₹0.56 or 0.32% on the day, as of 1:53 pm IST on February 26, 2026, according to exchange data.

The stock opened at ₹175.58 and moved between a high of ₹177.90 and a low of ₹174.75 so far. The bank’s market capitalisation stood at ₹80,280 crore during the session. Its 52-week high and low levels were ₹178.22 and ₹92.66, respectively.

The disclosure pertains to debt servicing obligations and does not involve any fresh issuance or change in capital structure.

Conclusion

The intimation formalises March 16, 2026 as the cut-off date for bondholders eligible to receive annual coupon payments due on April 1, 2026, with settlement scheduled for April 2, 2026 owing to a bank holiday in Mumbai. The filing aligns with statutory disclosure requirements under SEBI LODR for listed debt securities.

Source:

https://nsearchives.nseindia.com/corporate/BANKINDIA2_26022026134709_Recorddateintimation_bondint.pdf