subject: SBI bond issues to mop up Rs 10,000 cr this, next year [print this page] SBI bond issues to mop up Rs 10,000 cr this, next year
The maiden bond issue required investors to invest a minimum of Rs 10,000 and in multiples thereof. If the bank does not exercise call option (five years in the case of Series-I bonds and 10 years in the case of Series-II bonds), the bank will step up coupon by 50 basis points.
