Question

State Bank of India has recently issued its first-ever

Q: Answer-State Bank of India has recently issued its first-ever infrastructure bond, enabling long-term lendi...

Indias largest lender State Bank of India SBI announced that it raised 10,000 crore after issuing 15-year infrastructure bonds at the coupon rate of 7.54.

infrastructure bond, enabling long-term lending to the infrastructure sector for a duration of?

A 5 years

B 7 years

C 10 years

D 15 years

E 20 years

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State Bank of India has recently issued its first-ever

Solution