New Delhi, 27 February (H.S.):

Public sector lender Bank of Baroda plans to raise up to ₹10,000 crore through green infrastructure bonds with a seven-year tenor.Market sources indicated Friday a base issue size of ₹5,000 crore, expandable by ₹5,000 crore via green shoe option if oversubscribed, with bidding on NSE's electronic book provider platform March 4 from 11 AM to noon.

Maturing March 5, 2033, bonds offer annual coupon payments via closed bid uniform yield auction; minimum bid ₹1 lakh in multiples thereof. Payment and allotment set for March 5.

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Hindusthan Samachar / Jun Sarkar