Bank of India sets up USD 1 Billion Euro Medium Term Note Programme
BANKINDIA · price
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Bank of India has established a USD 1 Billion Euro Medium Term Note (EMTN) Programme. This is a shelf facility that allows the bank to issue bonds or notes in overseas markets over time, raising funds in foreign currency as needed. The offering circular has been filed with NSE IFSC and India International Exchange (IFSC) Limited.
Gives Bank of India access to global debt markets for foreign currency fundraising, helping diversify funding sources and strengthen capital base.