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Union Bank of India to allot Basel III bonds of Rs 2,000 crore next week - Trade FX, CFD, Stocks, BTC, Indices, Gold & Oil - 1:1000 Leverage & Bonus - CSFX
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Union Bank of India to allot Basel III bonds of Rs 2,000 crore next week
Union Bank of India to allot Basel III bonds of Rs 2,000 crore next week
18 Nov 2021
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The bonds, with face value of Rs 1 crore each, are perpetual in nature and bear coupon of 8.70 per cent per annum. Perpetual bonds carry no maturity date, so they may be treated as equity, not as debt.
