SBI raises Rs 3,101 cr via AT-1 bonds at coupon of 8.10%Perpetual bonds, which include AT-1 bonds, are considered riskier than other debt instruments, as they can be written down before equity, l...
13 Jul, 2023, 11.39 PM IST
SBI's AT1 bond yields rise in secondary trades"With a larger outstanding stock of bonds, SBI perpetual papers for the first time yielded higher than select other banks," said Ajay Mangl...
20 Oct, 2022, 06.32 AM IST
Indian banks may raise more funds to meet credit needs, lock rates"We can see more banks issuing Basel III-compliant as well as infrastructure bonds, with funds getting easily absorbed over the next quarte...
22 Sep, 2022, 03.50 PM IST
SBI, BoM raise over Rs 7,500 cr via AT1 bonds to fund loan demandAT1 papers come with a five-year call option. Accordingly, the difference with the five-year government bonds came around 59 basis points a...
08 Sep, 2022, 06.39 AM IST
SBI, HDFC Bank to raise up to Rs 10,000 cr via AT-1 bondsPerpetual, or Additional Tier 1 (AT-1), bonds are quasi-equity instruments that will allow the country's most valued lender and the biggest...
05 Sep, 2022, 07.32 AM IST
SBI raises Rs 6,000 cr by issuing bondsThe non-convertible, taxable, perpetual, subordinated, unsecured bonds of the face value of Rs 1 crore each aggregates to Rs 6,000 crore.
19 Oct, 2021, 12.19 AM IST
Cos seeking bank guarantee now buying PSB perpetual bondsCompanies that seek bank guarantees now prefer to buy perpetual bonds instead of subscribing to low-yielding bank fixed deposits. The compa...
14 Dec, 2020, 07.16 AM IST
7.4-7.5% return? SBI perpetual bond coming next weekSBI may offer interest in the range of 7.40-7.5% for those quasi-equity securities that are likely to come up for bidding on Monday. The is...
04 Sep, 2020, 08.31 AM IST
Hunt for yields leads traders to perpetual bonds of large banks“Market is gradually stabilising with more buyers queuing up in the secondary market.”
12 Mar, 2020, 10.30 AM IST
How Yes Bank triggered trades in perpetual bondsTraders believe that the central bank decision to write down Additional Tier 1 (AT-1) bonds of Yes Bank may well be an aberration. Somethin...
11 Mar, 2020, 11.09 PM IST
Higher yields keep demand strong for perpetual bondsPunjab National Bank, IndusInd Bank and Yes Bank perpetual bonds are fetching 10-14 per cent.
04 Jul, 2019, 08.38 AM IST
SBI likely to raise Rs 3,000-5,000 crore via perpetual bondsSBI will be selling such bonds after a year and the securities are may offer 9.3-9.7%.
23 Nov, 2018, 08.40 AM IST
In a first: SBI raises $500 by selling perpetual bonds offshoreTypically, perpetual bonds are considered riskier bets with experts terming them as quasi-equity instrument. That is why these securities o...
14 Sep, 2016, 12.58 PM IST
SBI raises Rs 2,100 crore via perpetual bonds at 9% interest ratePrivate sector lender Yes Bank has invested the entire sum, two sources with direct knowledge of the matter, told ET. This is the lender’s ...
07 Sep, 2016, 09.02 AM IST
SBI raises Rs 2,100 crore through perpetual bonds"It was a one-on-one deal where SBI Cap was the sole investment banker. It was not on the exchange platform," said one of the persons cited...
06 Sep, 2016, 07.27 PM IST
- CARE assigns ‘AAA’ to SBI perpetual bonds
CARE has assigned ‘CARE AAA’ rating to the perpetual bonds issue of Rs 1,000 crore of State Bank of India, which indicates best credit qual...
11 Feb, 2010, 12.29 PM IST
- SBI to raise $225m in bonds abroad
State Bank of India is set to raise $225 million from the overseas market this year by issuing perpetual bonds.
19 Jun, 2007, 04.24 AM IST