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State Bank of India 7.81% 2038 Bond

ISININE062A08405

STATE BANK OF INDIA SR I 7.81 BD 02NV38 FVRS1CR

State Bank of India is a public-sector (PSU) issuer in the Public Sector Bank sector. This directory lists 23 of its bonds.

Key terms

Issue date
2 Nov 2023
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement (EBP)
Series
T2SERIES20231
Sector
Public Sector Bank
Issuer type
PSU
Issuer nature
Bank

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

India Ratings AAA / StableCRISIL AAA / Stable

AAAmost conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

AAA is the highest rating an Indian agency assigns. It signals the strongest assessed capacity to pay interest and principal on time: the agency sees the risk of default as the lowest it recognises. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: IND AAA/Stable;CRISIL AAA/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 7.80% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

15 scheduled payments through 2 Nov 2038; final payment ₹1,07,81,000 per bond.

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