SBI Bonds 2011, Second Issue, SBI Bonds, 2000 Crore Rupees, Retail Bond Issue, SBI Bond - YReach.com

SBI Bonds 2011 - State Bank of India (SBI), the Country's most reliable and lender bank, is back with the second set of Bond today after its success among the retailers with its previous retail bonds launched in January 2011. This bond services is open for subscription from 21st February, 2011 and will close on 28th February, 2011.

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SBI Bond 2011

State Bank of India (SBI), the Country's most reliable and lender bank, is back with the second set of Bond today after its success among the retailers with its previous retail bonds launched in January 2011. This bond services is open for subscription from 21st February, 2011 and will close on 28th February, 2011.

In this second bond, SBI is offering to raise up to Rs. 2,000 crore, in which the investors have same option as earlier, where the investors can invest either for 10 years (ie., the shorter duration) with bonds offering 9.75% rate of interest OR for 15 years (the longer duration) with ones giving 9.95%. Read more at www.yreach.com

 

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