SBI 7.72% Additional Tier-1
State Bank of India
ISIN: INE094A07321 · NSE/BSE
CRISIL/ICRA
Coupon Rate
7.72%
Annual
Yield (YTM)
7.65%
Yield to Maturity
Current Price
₹1,003.9
Face ₹1,000
Maturity Date
30 May 2029
1-3 yrs
Updated: 13 Jul 2026 05:00 IST
TopFund Analysis
At 7.65% yield to maturity, this bond is roughly in line with the 4 other Bank bonds in the 1-3 yrs maturity bracket, which average 7.58%. A AA+ rating from State Bank of India sits just below AAA — generally considered high credit quality, with marginally more default risk than a AAA-rated instrument over its remaining 2.7 years. On a face value of ₹1000, the 7.72% coupon works out to roughly ₹77.2 a year, paid annually — before any tax on that income.
Annual Income Estimator
Annual Interest Income
—
Post-Tax (30% slab)
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* Based on coupon rate of 7.72%. Actual returns may vary based on purchase price.
Bond Details
ISIN
INE094A07321
Issuer
State Bank of India
Bond Type
Bank
Face Value
₹1,000
Issue Date
30 May 2024
Maturity Date
30 May 2029
Coupon Rate
7.72% p.a.
Payment Frequency
Annual
Exchange
NSE/BSE
Min Investment
₹10,000
Credit Rating
AA+ (CRISIL/ICRA)
Tax Status
Taxable
Secured
No
Status
Active
About this Bond
SBI AT1 perpetual bonds with call option. High yield compensates for additional risk under Basel III.
More Bank Bonds
Frequently Asked Questions about SBI 7.72% Additional Tier-1
SBI 7.72% Additional Tier-1 has a yield to maturity (YTM) of 7.65%, with a coupon rate of 7.72% p.a., maturing May 2029.
SBI 7.72% Additional Tier-1 is rated AA+ by CRISIL/ICRA, issued by State Bank of India.
The minimum investment for SBI 7.72% Additional Tier-1 is ₹10,000. Interest earned is taxable at your income slab rate.
SBI 7.72% Additional Tier-1 pays interest annual, at a coupon rate of 7.72% per annum on the face value of ₹1,000.
SBI 7.72% Additional Tier-1 is an unsecured bond rated AA+ by CRISIL/ICRA. Unsecured bonds rely on the issuer's general creditworthiness rather than pledged collateral. Credit ratings can change over the bond's tenure — always check the latest rating before investing.
Bond data is for informational purposes only. Prices and yields are indicative. TopFund is not SEBI-registered. Consult a registered advisor before investing.
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