SBI Non- Convertible Debenture Issue opens on October 18, 2010

State Bank of India proposes to issue Lower Tier II Bonds of Face Value Rs 10,000 aggregating to Rs 5,000 million an option to an over subscription of Rs 5,000 million. Offer period is October 18, 2010 to October 25, 2010.

Options	Series 1 Lower Tier II Bonds	Series 2 Lower Tier II Bonds
Maturity	120months	180months
Coupon	9.25%	9.5%
Frequency	Annual	Annual
Call	After 5 Yrs & 1 day	After 10 Yrs & 1 day
Step-Up	0.5%	0.5%

Rating : “AAA” by care and “AAA / Stable” By Crisil

Reservation

Retail Portion ( Investment upto Rs 5 lacs ) : 50% of the Issue Size
HNI Portion ( Investment greater than Rs 5 lacs ): 25% of the Issue Size
NII / Corporate / QIBs : 25% of the Issue Size

Allotment in each of the categories on a “first come first serve basis”

Interest on Application Money

Allotment : Coupon rate
On refund to Allottees : 6% pa
On refund to Non-Allottees : 4%pa

Rates are attractive and HNI investor would be happy to invest in this instrument. We expect the issue will over subscribe on 1^st day itself.

Source : Money Honey Financial Services Pvt. Ltd. 1st Floor, Nahar Singh Industrial Building, Opp Movie Star Cinema, Ram Mandir Road, Goregaon (W), Mumbai - 400104.Tel.: 022 - 26775869 Mob : 9702425694 / 9702425692. Email : info@moneyhoney.co.in

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