Archive · 2 Sep 2025
SBI Issues $500 Million in Five-Year Bonds
SBI, India's largest bank, sold $500 million worth of bonds.
These bonds will mature in five years and pay investors 4.50% interest twice a year.
The sale was handled by SBI's London branch and is exempt from U.S. registration.
The bonds will be listed on stock exchanges in Singapore and GIFT City, India.
The bonds are considered direct obligations of SBI.
SBI issued $500 million in senior unsecured fixed rate notes.
The notes have a 5-year maturity period.
The coupon rate for the bonds is 4.50%, payable semi-annually.
The bonds were issued through SBI's London branch.
Bonds will be listed on Singapore and GIFT City exchanges.
- Who
- State Bank of India (SBI)
- What
- Issued $500 million in senior unsecured fixed rate notes
- When
- September 9, 2025
- Where
- London branch of SBI
- Why
- To raise funds
- Issuer
- State Bank of India (SBI)
- Bond Amount
- $500 million
- Maturity
- 5 years
- Coupon Rate
- 4.50%
- Issuing Branch
- London
- Issue Date
- September 9, 2025
- Listing Exchanges
- Singapore Stock Exchange and NSE-IX Exchange, GIFT City
