SBI Updates on MTN Programme for USD 200 Mio

State Bank of India (SBI) has announced that the Bank has concluded the issue of USD 200 Mio Senior Debt, Floating Rate bonds at a premium of 21.22 bps, for a tenor of 4.9 years (apprx) at a coupon of Libor +50bps under the MTN Programme. The bonds will be issued as of January 23, 2007.

Source : Equity Bulls

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