SBINBSEState Bank of IndiaHighNeutral
Announced Mon, 29 Jun · 17:12 IST

SBI raises USD 300M senior unsecured bonds via London branch

Fund Raising View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹1038.15
prior close
₹1040.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

State Bank of India has concluded the issuance of USD 300 million Senior Unsecured Floating Rate Notes. The 3-year bonds carry a coupon of SOFR plus 100 basis points per annum, payable quarterly. Issued under Regulation-S through SBI's London branch with settlement on 6 July 2026.

Likely market impact

Strengthens capital base with foreign currency funding at competitive rates; no equity dilution for shareholders.