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ItalianoBond India State Bank (London Branch) 4.125% ( USU85528AB04 ) in USD
| Issuer | India State Bank (London Branch) |
| Market price | 100 % ⇌ |
| Country |  India
|
| ISIN code |
 USU85528AB04 ( in USD )
|
| Interest rate | 4.125% per year ( payment 2 times a year) |
| Maturity | 01/08/2017 - Bond has expired |
|
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|
| Minimal amount | 200 000 USD |
| Total amount | 1 250 000 000 USD |
| Cusip | U85528AB0 |
| Standard & Poor's ( S&P ) rating | NR |
| Moody's rating | NR |
| Detailed description |
The State Bank of India's London branch offers a comprehensive range of banking services to corporate and individual clients, including trade finance, remittances, and investment banking, leveraging SBI's extensive global network. An analysis of the USU85528AB04 bond, also identified by its CUSIP U85528AB0, issued by the London Branch of the State Bank of India, a prominent financial institution based in India and the country's largest public sector bank, reveals a U.S. Dollar-denominated fixed-income instrument with a total issuance size of $1,250,000,000, which carried an annual interest rate of 4.125% and featured semi-annual coupon payments until its maturity on August 1, 2017, when it was successfully redeemed at its par value of 100%, having been available for a minimum purchase of $200,000, and notably carried a 'Not Rated' (NR) designation from both Standard & Poor's and Moody's rating agencies. |