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Bonds

SBI raises $650 million in maiden green bond sale

Updated : September 19, 2018 10:37 PM IST

The five-year dollar money is priced at the US treasury plus 165 basis points, while from for an British investor the coupon will be 3 Libor plus 151 bps.
According to Bank of America-Merrill Lynch, the domestic green bond market has a $125-billion opportunity by 2025.
SBI raises $650 million in maiden green bond sale
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