Date: 10 August 2026
Fundraising / Financing
State Bank of India has concluded the issuance of USD 100 million Senior Unsecured Reg-S Floating Rate Notes. This issuance represents a tap of its existing outstanding floating rate notes due 06 July 2029 (ISIN: XS3433781062).
The bond details:
- Instrument Type: Senior Unsecured Reg-S Floating Rate Notes
- Issue Size: USD 100 million
- Original Maturity: 3 years
- Coupon: SOFR + 100 basis points per annum
- Payment Frequency: Quarterly in arrears
- Issuance Mechanism: Regulation-S
- Issuing Branch: London branch
- Issuance Date: 14 August 2026
- Listing Venue: India INX, GIFT City