Bond India State Bank 8.55% ( INE651A08033 ) in INR

Issuer India State Bank
Market price 100 %  ⇌ 
Country  India
ISIN code  INE651A08033 ( in INR )
Interest rate 8.55% per year ( payment 1 time a year)
Maturity 17/12/2024 - Bond has expired



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Minimal amount 1 000 000 INR
Total amount 5 000 000 000 INR
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 overview reveals the successful redemption of the INE651A08033 bond, a debt instrument issued by the State Bank of India, a venerable and significant public sector banking and financial services statutory body headquartered in Mumbai, India, ranking among the world's largest corporations, which matured and was fully repaid on December 17, 2024, at its 100% market price, having offered investors an annual interest rate of 8.55% on this Indian Rupee (INR) denominated security that formed part of a 5,000,000,000 INR total issuance and was available for purchase with a minimum size of 1,000,000 INR, thereby concluding its investment cycle.