State Bank of India prices riskiest bonds at record price – Economic Times
By Divya Patil The State Bank of India has priced one of the riskiest bank equity securities at a record coupon, in the latest sign that investors are confident that policy-makers’ stimulus measures will help large issuers weather the crisis. pandemic. India’s largest bank will sell 40 billion rupees ($ 545 million) of so-called Tier […]
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