State Bank of India (SBI) has concluded the issuance of USD 250 million Senior Unsecured Floating Rate CMU Cleared Notes. These notes have a maturity of 12 months and a coupon of O/N SOFR+50 bps p.a., payable quarterly in arrears under Regulation-S. The bonds will be issued through SBI’s London branch, effective February 2, 2026.
Bond Issuance Details
State Bank of India (SBI) has announced the successful issuance of USD 250 million in Senior Unsecured Floating Rate CMU Cleared Notes. The announcement was made on January 28, 2026.
Key Terms and Maturity
The issued notes will mature in 12 months. The coupon rate is set at O/N SOFR+50 bps p.a., with interest payable quarterly in arrears under Regulation-S. These bonds will be issued through SBI’s London branch starting February 2, 2026.
Source: BSE
