Development · 26 Aug 2026
2 publishers have reported this development. Each act of reporting is below, cited.
Union Bank of India accepted bids worth $600 million for a public sale of U.S. dollar-denominated bonds through its Dubai branch, its first such issuance in more than 12 years, with $300 million each raised through three-year and five-year papers at coupons of 5.23% and 5.4170% respectively.
Union Bank of India secured $600 million through dollar-denominated bond sales comprising three-year and five-year papers at coupons of 5.23% and 5.4170% respectively, marking its first public bond sale in over twelve years.
Union Bank of India raised $600 million in US dollar-denominated bonds through its Dubai branch, comprising $300 million each in three-year papers at 5.23% coupon and five-year papers at 5.4170% coupon, marking its first such issuance in more than 12 years.
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