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SBI to issue bonds up to USD 300 million under reverse enquiry

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Capital Market
Last Updated : Dec 06 2014 | 12:30 PM IST

Fixes pricing of USD 100 million 10 year senior unsecured fixed rate note

State Bank of India has decided to issue bond under Reverse Enquiry up to US$ 300 million for 3year/ 5year/ 10 year at T+140 bps, T+160 bps, T+185 bps respectively, through issuance of senior unsecured fixes rate notes. Accordingly, the bank has finalised the pricing of US$ 100 million 10 year senior unsecured fixed rate note at a fixed pricing of T+175 with a fixed yield of 4.045.

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First Published: Dec 06 2014 | 10:05 AM IST

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