Awaiting price reaction for this filing.
Punjab & Sind Bank has disclosed details of its four outstanding bond series as on March 31, 2025, in line with SEBI's ISIN reporting requirements for debt securities. The largest bond is Rs 3,000 crore issued on December 20, 2024 at a 7.74% coupon rate, maturing on December 20, 2034. A Rs 500 crore bond was issued in October 2016 at 7.99% (maturing October 2026), a Rs 237.30 crore bond in June 2019 at 9.50% (maturing October 2029), and another Rs 500 crore bond in November 2019 at 8.67% (maturing December 2029). All bonds are annual coupon with no embedded options. Total outstanding bonds amount to Rs 4,237.30 crore, with the full issued amount still outstanding across all series.
This is a routine regulatory disclosure and does not signal any new fundraising or change in capital structure. Shareholders may note that the bank carries a sizeable bond liability of over Rs 4,200 crore, but the filing is informational and unlikely to move the stock price.