After full to response to SBI Bond issue of 2010,SBI is set to issue a new bonds in Feb 2011.
SBI Bond issue was oversubscribed in 2010.
Some Details of this issue are as follow:
Start Date : 21 Feb 2011.
Closing Date : 28 Feb 2011
Allotment : First Come First Served Basis.
Interest Rates :
For term 10 yrs: 9.75% payable annually.with call option available after 5 yrs.
For Term of 15 Yrs: 9.95% payable annually with call option available from 10th year.
Mode : Only In D-Mat Form.Physical mode is not allowed.D -Mat account is compulsory.
Minimum investment: Rs.10,000/-.
