State-run lender Punjab National Bank (PNB) on Monday informed the exchanges about issuing and allotting bonds worth Rs 3,000 crore. The Basel Ill Compliant Tier-II Bonds were allotted to 14 allottees at a coupon of 7.43% per annum.The bonds are unsecured, subordinated, non-convertible, fully paid-up, redeemable and taxable, the company filing said.PNB informed about the development after mart hours. Shares of the PSU bank on Monday ended at Rs 101.55 on the NSE, up by Rs 0.78 or 0.77% over Friday’s closing price.The bank’s shares have given returns of 15% in the past one year, which is an outperformance over Nifty's 11% returns in the same period. In 2024, so far, its returns are to the tune of 4%.The stock is currently trading below its 50-day and 200-day simple moving averages (SMAs) of Rs 104 and Rs 117, respectively. It has also traded with high volatility with 1-year beta as reported by Trendlyne standing at 1.7.It has been on a falling trajectory for over six months now.Momentum indicators RSI and MFI are in a medium range of 41 and 37, respectively. A number above 70 is seen to be overbought while below 30 is considered oversold.PNB reported a 145% jump in its standalone net profit for the September quarter, reaching Rs 4,303 crore compared to Rs 1,756 crore in the same period last year. PNB's net interest income (NII) rose to Rs 10,517 crore in Q2 FY25 from Rs 9,923 crore in Q2 FY24, a 5.99% rise on a YoY basis.