{
  "id": 527799,
  "title": "State Bank of India taps dollar bond market with five-year issue",
  "url": "https://urgent.news/2026/08/11/state-bank-of-india-taps-dollar-bond-market-with-five-year-issue",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T03:13:23.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/state-bank-of-india-taps-dollar-bond-market-with-five-year-issue/article71330917.ece"
  },
  "original_language": "en",
  "account": "State Bank of India, India's largest lender, is venturing into the dollar bond market with a five-year issue, according to two merchant bankers. The bank aims to raise funds amounting to at least $500 million (₹50 crore) through this public offering, although the final size will depend on investor demand. The initially set price guidance for the bonds is 120 basis points higher than US Treasuries. SBI has commenced marketing the bonds and is anticipated to finalize the sale before the end of the week, the bankers disclosed, maintaining anonymity due to their lack of media authorization. Earlier, SBI had intended to raise $1 billion (₹100 crore) via a dollar bond sale in June; however, the issuance was postponed as borrowing costs escalated due to a surplus of funds from Indian lenders. The bank did not provide a response to a Reuters email inquiry outside regular business hours. All comments must be in English, written as full sentences, and without abusive or personal language, adhering to the community guidelines.",
  "summary": "SBI is tapping the dollar debt market through the public issue and plans to raise funds through a sale of five-year bonds",
  "key_points": [
    "State Bank of India issues five-year dollar bonds.",
    "Bank aims to raise $500 million through public offering.",
    "Bonds priced 120 basis points above US Treasuries."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}