MUMBAI : SBI has raised Rs 10,000 crore at a coupon fee of seven.81% by means of its first BaselIII compliant tier-2 difficulty within the present fiscal. Though the bonds include a 15-year tenor, there’s a first name choice after 10 years. Bond sellers stated that the coupon was barely on the upper facet as yields have gone up internationally forward of the US Federal Open Market Committee assembly.There are issues that theFed might hike charges yet one more time.
