Breaking News

London branch

SBI raises $600 million from dollar bonds

[ad_1] MUMBAI: SBI has raised $600 million by issuing dollar-denominated unsecured notes, which form a part of the bank’s $10-billion medium-term note programme. The bank’s London branch issued the notes, which were rated BBB- by S&P.The bank managed to price the bonds at a yield of 117 basis points (100bps = 1 percentage point) over…

Read More