ONE Bank Limited has informed that the Board of Directors has decided to issue Non-Convertible Perpetual Bond (at floating rate) for Tire-I Capital subject to the approval of the concerned Regulatory Authorities. The details of the Bond are as follows: Issue Size: Tk. 400.00 crore, Tenor: Non-Convertible Perpetual Bond, Use of Proceeds: The proceeds will be treated as Capital and will help Bank grow its investment and loan portfolio.