Bank of Baroda (BoB) on Wednesday said it has raised Rs 1,000 crore through issuance of bonds for financing infrastructure and affordable housing projects.
The bonds, with a tenure of seven years, will offer a coupon rate of 7.39 per cent, it said in a regulatory filing.
Bonds were allotted to investors on Wednesday and the proceed would be utilised for financing infrastructure and affordable housing projects, it added.