
State Bank of India (SBI), founded in 1955 and headquartered in Mumbai, serves as the largest public-sector bank in India, aiming to provide a robust banking platform to its customers. SBI offers a diverse range of financial products and services, including personal banking, corporate banking, investment banking, and treasury services, catering to both retail and institutional clients.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
SBIIN 7.49% 2038-09-24 INRState Bank of India | India | 2038-09-24 | 7.490 | 7.25 |
SBIIN 7.51% 2032-12-06 INRState Bank of India | India | 2032-12-06 | 7.510 | 7.07 |
SBIIN 7.54% 2038-08-01 INRState Bank of India | India | 2038-08-01 | 7.540 | 7.24 |
SBIIN 7.70% 2038-01-19 INRState Bank of India | India | 2038-01-19 | 7.700 | 7.23 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
SBI has been an active player in the bond market, issuing its first bonds in the early 1990s to raise long-term capital. A significant issuance was the ₹50,000 crore debenture in 2020 to strengthen its balance sheet amidst the pandemic. Currently, SBI's bond yields are competitive within the industry, often reflecting its strong credit rating and investor confidence. Additionally, the bank's bonds feature early redemption options, an attractive proposition for investors looking for liquidity.