SBI raises Rs 4,691 crore Additional Tier 1 Bonds at 7.75% coupon

Fund Raising View source PDF Explain this filing

SBIN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹1013.80

prior close

₹1022.10

announcement price

In-mkt

timing

Nifty 100market+0.2%+0.8% vs market

Public Sector Bank peers, median of 11sector-0.3%+1.3% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty 100 and 1.3 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.0

15m

-0.0

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+0.2+0.8-0.3+1.3

Next day

+1.3+0.7+0.6-0.1+1.4

+2.1+2.3-0.2+1.2+0.9

+2.9+1.6+1.2+1.4+1.5

+4.1+1.7+2.3+1.2+2.9

+7.0+1.8+5.2+3.1+4.0

+5.6+1.7+4.0+1.9+3.7

15d

+3.3+0.3+3.0+0.5+2.8

+4.6-0.3+4.8+1.4+3.1

-5.4-6.2+0.9-4.2-1.1

-5.1pendingpending-3.5-1.6

UpDownMarket · Nifty 100Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SBI has allotted Rs 4,691 crore Basel III compliant Additional Tier 1 perpetual bonds at a coupon of 7.75%. The unsecured, subordinated bonds have a face value of Rs 1 crore each and were allotted on 30 July 2026. Interest is paid annually on 30 July. The issuance strengthens SBI's capital base under Basel III norms.

Likely market impact

Strengthens SBI's capital adequacy. Perpetual AT1 bonds carry risk of coupon skipping under stress. Issue size of about Rs 4,691 crore is modest.