Bond India State Bank 9.05% ( INE062A09221 ) in INR

Issuer	India State Bank
Market price	100 % ⇌
Country	India
ISIN code	INE062A09221 ( in INR )
Interest rate	9.05% per year ( payment 1 time a year)
Maturity	Perpetual
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Minimal amount	1 000 000 INR
Total amount	10 000 000 000 INR
Next Coupon	27/01/2027 ( In 352 days )
Detailed description	State Bank of India (SBI) is India's largest commercial bank, offering a wide range of banking and financial services both domestically and internationally. A detailed financial analysis highlights a significant debt instrument, specifically a perpetual bond, issued by the State Bank of India, which, as India's largest public sector bank and a government-owned corporation with an extensive network, holds a pivotal role in the nation's financial landscape, providing a wide array of banking and financial services; this particular bond, identified by its ISIN code INE062A09221 and denominated in Indian Rupees (INR), carries an attractive annual coupon rate of 9.05%, with its notable perpetual maturity implying no fixed redemption date and offering investors an ongoing stream of income, originating from the country of issuance, India, with a total issuance size of INR 10,000,000,000, a minimum investment threshold set at INR 1,000,000, and currently trading at par (100% of its face value), also featuring annual interest payments.