IDBI Bank announces repayment of 11.5% SLR bonds

IDBI bank today said its 11.50 per cent IDBI SLR Bonds 2009 is repayable at par on June 13, 2009. Investors holding the bonds in the form of promissory notes may tender it at the concerned branch of the bank, preferably before May 22 to facilitate the repayment in time , a press release said.   

Those who have invested in the form of Entry-in-Account with IDBI Bank, should furnish a receipt in the prescribed form for the principal amount along with other documents, it said. In case the bonds are held in demat form, bondholders need not furnish any document, it said.