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Asia

State Bank of India taps dollar bond market with five-year issue: Report

Markets-Economic Times · 1h ago · 🇮🇳 India

State Bank of India taps dollar bond market with five-year issue: Report

The State Bank of India is set to tap into the dollar debt market, aiming to raise a minimum of $500 million by issuing five-year bonds. Marketing for this public offering is underway, with expectations to finalize the sale within the week. This move follows a previous postponement of a larger issue due to escalating borrowing costs.

Read the full story at Markets-Economic Times →

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