SBI raises Rs 10,000 cr through infra bond sale
时间:2024-06-26 07:32:57 阅读(143)
State Bank of India (SBI) on Friday announced that it has raised Rs 10,000 crore through an infrastructure bond issue.
The country’s largest lender will be paying a coupon rate of 7.49 per cent on the bonds, as per a statement.
SBI had launched the issue with an aim to raise Rs 4,000 crore, and the same was oversubscribed by over five times, it said, adding that 134 bids worth Rs 21,045 crore were received.
The investors were across provident funds, pension funds, insurance companies, mutual funds and corporates, the statement said.
The coupon is 0.12 per cent over the corresponding FBIL G-Sec par curve and marginally better than the 0.13 per cent it had to promise at the last infra bond issuance in August 2023, it added.
It had raised Rs 10,000 crore from the route in August, and with the current issuance, the total outstanding long-term bonds issued by the bank is Rs 39,718 crore.
上一篇:Refund portal to be not accessible to PACL investors for 5 days due to technical issues- Sebi panel
猜你喜欢
- Retik Finance price prediction 2024-2030, is $500 a real possibility- Experts analyse
- Nifty opens above 17550, Sensex gains 200 pts in early trade on Fri, Feb 24; ZEEL shares fall, Axis Bank rises
- Buffer stock- Centre starts procuring onion from three states
- Nifty support at 16100, buy dips to add quality stocks; monthly chart shows extended correction in Bank Nifty
- Nifty needs to hold above 17000 for further upside; buy these two shares for gains
- Nifty may extend momentum towards 17442-17550 if it holds above 17250; Siemens, HDFC Bank among top stocks to buy
- Bitcoin topped $45,000 for first time in nearly two years
- Renowned billionaire investor Howard Marks reveals shocking success rate- Only 5 good calls in 50-yr career
- Recovery in banking majors to help Bank Nifty sustain above 42900 level; check list of bullish, bearish stocks