7.70% STATE BANK OF INDIA 2038

Information Memorandum (I.M.)
Term Sheet
INE062A08348
*(Eligible Investors - Individual,HUF,Corporate,Trust,Minor ) High Return bond

Bond's Rating

Rating Agency Rating Remarks Rating Rationale
INDIA RATING AAA Stable - -
ICRA AAA Stable - -

Issuer's Type

PSU Bank

About Issuer :

The State Bank of India is an Indian multinational, public sector banking and financial services statutory body. It is a government corporation statutory body headquartered in Mumbai, Maharashtra. SBI is ranked as 216th in the Fortune Global 500 list of the world's biggest corporations of 2018. The bank made a profit of Rs 862 crore in the financial year 2018-19

Issuer's Link

https://www.onlinesbi.com/

Issuer's Financial Link

https://www.sbi.co.in/portal/web/corporate-governance/annual-report


A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)

Face Value

1,00,000.00

Coupon Rate

7.7000% (Fix)

Issue Date

19/Jan/2023

Maturity Date

19/Jan/2038

Remaining Period

14y 11m 12d

Tax Free

No

Interest Payment Type

Simple

Interest Frequency

Annual

Issue Size (in Crores)

9,718.00

Max. Available Quantity

30

TDS on Interest

No

Call Option

N.A.

Put Option

N.A.

Govt. Guarantee

No

Security

Unsecured


Name of Debenture Trustee

IDBI Trusteeship Services Limited


Remarks

Please Consider The Risk Before Investing.