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      Question

      State Bank of India has increased the size of its dollar

      bond issue to________ from $750 million which has been arranged by global banks including HSBC and JP Morgan.
      A $950 million Correct Answer Incorrect Answer
      B $1 billion Correct Answer Incorrect Answer
      C $2.1 billion Correct Answer Incorrect Answer
      D $3.5 billion Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      State Bank of India has increased the size of its dollar bond issue to $1 billion from $750 million.  While $750 million is underwritten by global banks, an additional $250 million is made available through a green shoe option arranged by global banks including HSBC and JP Morgan.

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