SBI raises ₹10,000 cr through infra bonds
Business Standard|July 11, 2024
State Bank of India (SBI), country's largest lender, has raised ₹10,000 crore at a coupon of 7.36 per cent through 15-year infrastructure bonds, the bank said in a statement on Wednesday.
SUBRATA PADA

This issuance marks SBI's sixth infrastructure bond offering since December 2022. With this latest issue, the total outstanding long-term bonds issued by the bank now stands at 59,718 crore.

The issue attracted bids in excess of ₹18,145 crore and was oversubscribed by around 3.6 times against the base issue size of ₹5,000 crore, the bank said, adding that the issue received about 120 bids from investors, including provident funds, pension funds, insurance companies, mutual funds and corporate houses.

この記事は Business Standard の July 11, 2024 版に掲載されています。

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この記事は Business Standard の July 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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