Key Quantitative Figures

  • Total Bond Value: ₹4,000 crore across three bond series
  • Individual Bond Issues:
  • ISIN INE476A08159: ₹1,000.00 crore at 8.07% p.a. interest rate
  • ISIN INE476A08134: ₹1,500.00 crore at 8.05% p.a. interest rate
  • ISIN INE476A08126: ₹1,500.00 crore at 8.40% p.a. interest rate

Dates of Action

  • Call Option Dates:
  • INE476A08126: October 25, 2026
  • INE476A08134: December 02, 2026
  • INE476A08159: March 04, 2027
  • Record Dates:
  • INE476A08126: October 09, 2026
  • INE476A08134: November 17, 2026
  • INE476A08159: February 17, 2027 [tentative date subject to confirmation]
  • Original Issue Dates:
  • INE476A08126: October 25, 2021
  • INE476A08134: December 02, 2021
  • INE476A08159: March 04, 2022

Parties Involved

  • Issuer: Canara Bank
  • Regulatory Authorities: Reserve Bank of India and other regulatory authorities (approval required)
  • Stock Exchanges: BSE Limited and National Stock Exchange of India Ltd

Conditions and Approvals

The call option exercise is subject to approval of the Reserve Bank of India and other regulatory authorities, if any.

Instrument Details

All three instruments are Basel III Compliant Additional Tier I Bonds with specified ISIN codes and original issue amounts.