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Published on 9/27/2013 in the Prospect News Emerging Markets Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

State Bank of India repurchases $147 million of its 3¼% bonds due 2018

By Tali David

Minneapolis, Sept. 27 - The State Bank of India informed the Bombay Stock Exchange that it repurchased $147 million of its 3¼% bonds due 2018.

The buyback took place between Aug. 26 and Sept. 26, according to a notice. Following the transaction, $853 million remains outstanding.

The bonds were issued on April 18, 2013 and are listed on the Singapore Exchange Securities Trading Ltd.

State Bank of India is based in Mumbai.


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