Indian Overseas Bank (IOB) has received listing permission from BSE for its Basel III Compliant Tier II Bonds, Series VI, amounting to ₹1,000 crores. The bonds were issued and allotted to 15 allottees on a private placement basis. The issue comprised a base size of ₹500 crores with a green-shoe option of ₹500 crores, aggregating to a total of ₹1,000 crores. These are non-convertible, taxable, subordinated, unsecured, listed, and fully paid-up Basel III compliant Tier II Bonds in the nature of debentures. The issue opened and closed on January 22, 2026, with a deemed date of allotment on January 23, 2026. The bonds carry a coupon rate of 7.80% per annum. The ISIN for these bonds is INE565A08068. This information is submitted in compliance with SEBI (LODR) Regulations, 2015.
