Mumbai: In a significant step towards promoting sustainable development, Bank of Baroda has successfully issued and allotted Long-Term Green Infrastructure Bonds worth ₹10,000 crore. The bonds, carrying a 7.10% coupon rate, are senior, rated, listed, unsecured, redeemable, fully paid-up, non-convertible, and issued under Series I to support environmentally friendly infrastructure projects across India.
Bond Issue Highlights
The bonds were issued and allotted efficiently within a two-day timeline through the NSE Electronic Book Platform, reflecting strong institutional interest. Key details of the bond issuance include:
- Issue Type: 7.10% Long-Term Green Infrastructure Bonds
- Issue Size: ₹10,000 crore
- Number of Bonds: 10 lakh
- Face Value: ₹1 lakh per bond
- Allottees: 15 institutional investors
- ISIN: INE028A08380
- Issue Date: 4 March 2026 (opened and closed same day)
- Allotment Date: 5 March 2026
The swift issuance and allotment indicate robust market confidence in Bank of Baroda’s green financing capabilities.
Promoting Sustainable Infrastructure Projects
These bonds are aimed at financing green infrastructure initiatives that support sustainable development and environmental conservation. By raising funds through this green instrument, Bank of Baroda demonstrates its commitment to financing projects that contribute to clean energy, environmentally friendly construction, water conservation, and sustainable urban development.
The bonds provide investors with secure, long-term investment instruments while simultaneously promoting India’s environmental and infrastructure priorities.
Regulatory Compliance and Transparency
The issuance and allotment of the green bonds have been completed in full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bank of Baroda has notified both BSE Limited and National Stock Exchange of India Limited regarding the allotment, ensuring complete regulatory transparency.
This milestone reinforces the bank’s reputation as a leader in sustainable financing and demonstrates its ability to mobilize institutional capital for strategic development projects.
Strong Market Response and Institutional Confidence
The allotment of 10 lakh bonds to 15 investors highlights strong investor confidence in Bank of Baroda’s financial strength and green financing capabilities. The successful issuance also reflects the growing trend of institutional support for environmentally responsible projects, underscoring the increasing importance of sustainable investment in India’s infrastructure growth.
About Bank of Baroda
Bank of Baroda (BoB) is one of India’s leading public sector banks, offering a wide range of banking and financial services to retail, corporate, and institutional clients. Established in 1908, BoB has consistently demonstrated financial strength, innovation, and commitment to social and environmental responsibility, making it a pioneer in promoting sustainable financing initiatives in India.
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