Bond Issuance Details
SBI has concluded the issuance of USD 300 million Senior Unsecured Floating Rate Notes. The bonds have a maturity period of 3 years and carry a coupon rate of SOFR (Secured Overnight Financing Rate) plus 100 basis points per annum. The coupon payments are payable quarterly in arrears.
Issuance Structure
The bonds are issued under Regulation-S and will be issued through SBI's London branch. The effective date of issuance is July 6, 2026.