SBI to issue first rupee-denominated perpetual debt of 2026: Report
State Bank of India is set to become the first bank to tap the market for perpetual bonds in 2026, with plans to raise 50 billion rupees ($517.76 million) within the next two weeks, three bankers familiar with the matter said on Friday.
Japanese government bond yields climbed on Monday amid concerns stemming from the Middle East instability. Inflation anxieties and fiscal issues further exacerbated the rise in yields. Market participants are now looking for insights from the U.S. Treasury Secretary on the situation in Iran. Notably, Japan's ministries have requested a budget exceeding 130 trillion yen for the first time, highlighting the financial uncertainties that traders will remain vigilant about.
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