SBI returns to dollar debt market, bankers see strong demand
MUMBAI: State Bank of India, the country’s largest lender, is returning to the public dollar bond market after nearly a year and is expected to see strong demand for its planned five-year issue, three merchant bankers said on Tuesday. The bonds will be issued through SBI’s London branch, with initial price guidance set at roughly 120 basis points over U.S. Treasuries. The issue comes at a time…
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