The bank has issued and allotted Basel III compliant tier-II bonds at a coupon of 7.10 per cent per annum aggregating to Rs 1,919 crore on a private placement basis, it said in a BSE filing.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/punjab-national-bank-raises-rs-1919-crore-via-bonds/articleshow/87787522.cms
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