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    Question

    SBI’s recent ₹5,000 crore bond issuance had a coupon

    rate of:
    A 7.98% Correct Answer Incorrect Answer
    B 8.5% Correct Answer Incorrect Answer
    C 6.75% Correct Answer Incorrect Answer
    D 9.25% Correct Answer Incorrect Answer
    E 7.5% Correct Answer Incorrect Answer

    Solution

    SBI issued Additional Tier 1 bonds at a coupon rate of 7.98%, marking its first bond issuance for FY24.

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