From 14 October to 21 October 2014
Oriental Bank of Commerce announced that Bank's Issue of Tier II Bonds of Rs. 10,00,000/- each for cash at par aggregating Rs. 750.00 crore with an option to retain over-subscription of upto Rs. 250.00 crore is slated to open on 14 October 2014 and will close on 21 October 2014 and deemed date of allotment shall be 27 October 2014. The Bonds have been rated "ICRA AA+ (Hyb)" & "CARE AA+" by ICRA & CARE respectively and bear coupon rate of 9.20% p.a. with a tenor of 120 months.Powered by Capital Market - Live News
