SBI Bond Issue 2011

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/-.