State Bank of India is set to re-enter the dollar bond market, marking its first appearance in nearly a year. The nation's leading financial institution foresees strong investor interest in its five-year bond offer. This decision comes in the wake of the Reserve Bank of India's launch of a swap facility earlier this June. SBI targets a minimum fundraising of $500 million, with current promotional activities underway.

State Bank of India plans to raise $500 million through a five-year dollar bond issue to tap the debt market.

The State Bank of India is set to tap into the dollar debt market, aiming to raise a minimum of $500 million by issuing five-year bonds. Marketing for this public offering is…