New Delhi, July 30 -- State Bank of India (SBI), the country's largest lender, raised Rs.4,691 crore on Wednesday through its first additional tier-1 (AT-1) bond issue this financial year, the state-owned lender said in a press statement on Wednesday. The bonds have a call option of five years and a coupon rate of 7.75%. The bond issue, which had a base size of Rs.3,000 crore and a greenshoe option of Rs.2,000 crore, is rated AA+ by Crisil Ratings and Care Ratings.

"This issue attracted a robust response from investors, with bids of more than two times the base issue size of Rs.3,000 crore. The total number of bids received was 89, indicating participation from a diverse set of qualified institutional bidders," SBI said, noting that part...