With reference to earlier communication dated December 21, 2015 and in terms of Regulation 30 (2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, State Bank of India has now informed that the Bank on February 18, 2016 issued 30,000, Basel III compliant, Tier-ll bonds in the nature of debentures, of face value of Rs10,00,000 each at par, with 10 year tenure, bearing 8.45% per annum coupon and with call option after 5 years, aggregating to Rs 3,000 crores on private placement basis.
The above information is a part of company’s filings submitted to BSE.