Punjab National Bank sets payment dates for two bond series

Punjab National Bank (PNB) has provided an update on the record and due dates for interest and principal payments on its Basel III Tier-II Bonds, as per SEBI (LODR) Regulations, 2015. The announcement, dated September 17, 2025, details two bond series.

For the Basel III Tier-II Bonds Series XXII (7.25% annually), with ISIN INE160A08167, the due date for payment of interest and principal is October 14, 2025, and the record date is September 29, 2025. PNB noted that a call option is to be exercised for this series.

The second series, Basel III Tier-II Bonds (8.34% annually) with ISIN INE141A08035, has a due date for payment of interest and principal on October 26, 2025. The actual payment date will be October 24, 2025, as October 25 and October 26, 2025, are bank holidays. The record date is October 11, 2025; however, the actual record date will be October 13, 2025, as October 11 and October 12, 2025, are bank holidays.