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State Bank Of India to raise up to $1 billion-Business Standard

Thursday, 10 Apr 2014 05:54am EDT 

State Bank Of India:Has hit the overseas bond market with a dual tranche issue of 5-year and 10-year maturity to raise up to $1-billion-Business Standard.The bank has given an initial pricing of 240 bps over the US treasury for the 5-year money and 265 bps over the treasury for the 10-year bond.The bank could not be immediately contacted for comments. 

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