Bonds are commonly referred to as fixed income securities issued for a period of more than one year with the purpose of raising Capital by Borrowing.
The different types of bonds issued for raising capital are as under:
- Tier I, Tier II Bonds.
- Infrastructure Bonds.
- Corporate Bonds.
- Commercial Papers.
BOIMB will act as an arranger/intermediary between a bond issuer and a bond buyer. BOIMB will perform the following activities:
- Underwrites the bonds and then resell the bonds to the public or to dealers who sell them to the public.
- Acts as a Book Running Lead Manager, a Lead Manager, a Co-Manager or an Advisor to the Issue.
- Prepares required documents for SEBI filing, helps set a price for the issue, and takes the lead in forming and managing an underwriting group.