Security Name: 7.7% State Bank Of India 19 Jan 2038
ISIN:
INE062A08348
Taxable
Tax Category
19 Jan, 2038
Maturity Date
(12 Yr 7 Mo 6 D to mature)
Yearly
Interest Payment Frequency
No
NRI Eligibility
19 Jan, 2023
Allotment Date
NA
Put Date
19 Jan, 2026
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
7.7%
Coupon
Fixed Interest
Coupon Basis
7.3719%
Current Yield
04 Jan, 2026
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
State Bank Of India
SBI is the oldest and largest bank in India. The SBI group offers a wide range of banking and non-banking products and services to its corporate and retail customers. It had 22,230 branches and 64,122 automated teller machines (ATMs) as on September 30, 2021. It has presence across the world. Through its non-banking subsidiaries and joint ventures, it offers a wide range of financial services, such as investment banking, credit cards, life insurance, general insurance, fund management, primary dealership, broking and factoring.
The ratio in FY24 is 1.89x and it was 2.08x in FY23. This indicates the bank's debt is decreasing due to significant increase in the profitability of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.24x and it was 1.27x in FY23. This indicates the decrease in bank's ability to service its debt due to increase in interest on Deposits and increase in Interest on Reserve Bank of India/ Interbank borrowings which led to overall increase in finance cost.
Interest coverage ratio
Recent News
SBI is set to announce its fourth-quarter results for FY23.
May 31, 2023 | State Bank Of India
SBI Debit Card Charges
Mar 27, 2024 | State Bank Of India
State Bank of India to channel $1.5 billion in global book in 4 months
Nov 25, 2024 | State Bank Of India
Related Videos
Bank Bonds
Bank Bonds Unveiled: Navigating the Dynamics of Secure Investments
Price & Yields
The intricate relationship between bond prices and yields
STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Clean Price
Yield (YTM)
Principal Amount
Accrued Interest from
Select the number of units below
BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
| Cashflow for INE062A08348 |
|---|
| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
|---|
| Security Name |
|---|
| 7.7% State Bank Of India 19 Jan 2038 |
| Credit Rating |
|---|
| AAA Stable by ICRA AAA Stable by IND |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 7.700000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 19/01/2038 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Jun 16,2025 |
| Principal Amount |
|---|
| ₹1,04,451.2 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,04,451.2 |
| Price |
|---|
| ₹104.4512 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
similar bonds
9.95% Adani Airport Holdings Limited 12 Jun 2028
12 Jun, 2028
Maturity Date
₹1,00,000
Minimum Qty
INE0GCN07039
ISIN
Yearly
IP Frequency
9.6015%
Yield
₹100.85
Price
9.65% Adani Enterprises Limited 12 Sep 2027
12 Sep, 2027
Maturity Date
₹1,00,000
Minimum Qty
INE423A07328
ISIN
Yearly
IP Frequency
9.607%
Yield
₹100
Price
9.25% Motilal Oswal Financial Services Limited 03 Sep 2032
03 Sep, 2032
Maturity Date
₹1,00,000
Minimum Qty
INE338I07172
ISIN
Yearly
IP Frequency
8.8%
Yield
₹102.2316
Price
10.25% IIFL Finance Limited 21 Apr 2030
21 Apr, 2030
Maturity Date
₹1,00,000
Minimum Qty
INE530B07492
ISIN
Yearly
IP Frequency
9.83%
Yield
₹101.4816
Price
10.80% EAAA India Alternatives Limited 02 Jul 2027
02 Jul, 2027
Maturity Date
₹1,00,000
Minimum Qty
INE528L07115
ISIN
Yearly
IP Frequency
11%
Yield
₹99.6244
Price
