Question

    Recently SBI has raised Rs 9,718 crore through its second infrastructure bond issuance at a coupon rate of 7.70 per cent per annum for the _____ year money.

    A 10 Correct Answer Incorrect Answer
    B 15 Correct Answer Incorrect Answer
    C 20 Correct Answer Incorrect Answer
    D 25 Correct Answer Incorrect Answer
    E 30 Correct Answer Incorrect Answer

    Solution

    SBI has raised Rs 9,718 crore through its second infrastructure bond issuance at a coupon rate of 7.70 per cent per annum for the 15-year money. This is the second fund-raising since early December when it had mopped up Rs 10,000 crore via infra bonds.

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