Public sector lender Bank of Baroda has successfully issued and allotted ₹10,000 crore worth of long-term Green Infrastructure Bonds, according to an official disclosure made to the stock exchanges.
Details of the Bond Issue
According to the disclosure, the bonds carry an interest rate of 7.10% and are classified as Long-Term Green Infrastructure Bonds. These bonds are senior, rated, listed, unsecured, redeemable, fully paid-up, and non-convertible in nature. The bank issued a total of 10,00,000 bonds, each with a face value of ₹1 lakh, taking the total issue size to ₹10,000 crore.
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | Issue Type | 7.10%, Long Term Green Infrastructure Bonds, Senior, Rated, Listed, Unsecured, Redeemable, Long Term, Fully Paid-Up, Non-Convertible Bonds in the nature of debentures Series I |
| 2 | ISIN | INE028A08380 |
| 3 | Issue Size | Rs. 10,000 Crores |
| 4 | No. of Bonds | 10,00,000 (FV – Rs. 1.00 lakh) |
| 5 | Issue opened on | 04.03.2026 on NSE EBP Platform |
| 6 | Issue closed on | 04.03.2026 on NSE EBP Platform |
| 7 | Date of Allotment | 05.03.2026 |
| 8 | No. of Allottees | 15 |
Issue and Allotment Timeline
The bond issue was opened on March 4, 2026, through the NSE Electronic Bidding Platform (EBP). The issue was closed on the same day due to strong demand from investors. The allotment of bonds was completed on March 5, 2026, and a total of 15 investors were allotted the bonds.
Purpose of Green Infrastructure Bonds
Green infrastructure bonds are typically used to raise funds for environment-friendly and sustainable infrastructure projects such as renewable energy, clean transportation, and climate-friendly development initiatives. Through this bond issuance, Bank of Baroda aims to mobilize long-term funds that can support projects contributing to environmental sustainability.
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