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SBI sees strong demand for 5-year dollar bond, tightens pricing

MUMBAI: State Bank of India, the country’s largest lender, drew strong demand in its return to the public dollar bond market after nearly a year, with pricing tightening sharply from initial guidance, three merchant bankers said on Wednesday. SBI raised $500 million through a five-year dollar bond issued via its London branch, the lender said in a stock exchange filing late on Tuesday. These…

SBI sees strong demand for 5-year dollar bond, tightens pricing

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