8.50% STATE BANK OF INDIA PERPETUAL

Information Memorandum (I.M.)
Term Sheet
INE062A08223
*(Eligible Investors - Individual,HUF,Corporate,Minor ) High Return bond

Bond's Rating

Rating Agency Rating Remarks Rating Rationale
CRISIL AA+ Stable - Click Here
ICRA AA+ Stable - Click Here

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/web/corporate-governance/annual-report


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

Face Value

10,00,000.00

Coupon Rate

8.5000% (Fix)

Issue Date

22/Nov/2019

Maturity Date

Perpetual

Remaining Period

1y 9m 15d

Tax Free

No

Interest Payment Type

Simple

Interest Frequency

Annual

Issue Size (in Crores)

3,813.60

Max. Available Quantity

3

TDS on Interest

No

Call Option

22/Nov/2024

Put Option

N.A.

Govt. Guarantee

No

Security

Unsecured


Remarks

Yield is calculated upto call date i.e. YTC (Yield to Call). Please Consider The Risk Before Investing.