FilingReader Intelligence
IDBI Bank to redeem Rs 1,000 crore bonds early
August 16, 2025 at 11:29 AM UTC•By FilingReader AI
IDBI Bank will exercise a call option on its tier 2 bonds worth Rs 1,000 crore on December 31, 2025, five years before their scheduled maturity in 2030.
The bonds, issued in December 2015, carry a coupon rate of 8.620% and will be redeemed at par plus accrued interest. The redemption is subject to regulatory approval.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:IDBI•Bombay Stock Exchange
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