This is the largest single infrastructure bond issued by any Bank in the country. 

The amount raised through bonds will be utilized in enhancing long term resources for funding infrastructure and affordable housing segment. 

State Bank of India (SBI) stated that it has raised Rs 10,000 crore through its maiden infrastructure bond issuance on December 02, 2022 at coupon rate of 7.51%. 

This is the largest single infrastructure bond issued by any Bank in the country. 

The amount raised through bonds will be utilized in enhancing long term resources for funding infrastructure and affordable housing segment. 

The tenor of these bonds is 10 years.

The issue attracted overwhelming response from investors with bids of Rs 16,366 crore and was oversubscribed by about 3.27 times against the base issue.