Date: 16.09.2026
Bond Issuance Details
Canara Bank conducted bidding for Basel III compliant Additional Tier I bond issuance on 16.09.2026 through NSE's EBP platform. The key terms of the issuance are:
- Issue Type: Unsecured, Subordinated, Listed, Rated, Non-Convertible, Perpetual, Fully-paid-up, Taxable, Basel III Compliant Additional Tier I Bonds in the nature of Debentures
- Face Value: ₹1 crore per bond
- Issue Size: ₹2,042 crore (Base: ₹2,000 crore + Green Shoe: ₹42 crore)
- Number of Bonds: 2,042
- Issue Opening Date: 16.09.2026
- Issue Closing Date: 16.09.2026
- Deemed Date of Allotment & Pay-in Date: 18.09.2026
- Date of Call Option: 18.09.2031 (5th anniversary of Deemed Date of Allotment) or any anniversary date thereafter
- Tenor: Perpetual
- Listing Status: Proposed to be listed on NSE
- Coupon Rate: 8.10%
- Total Number of Bids Received: 111
The issuance is made in compliance with SEBI (LODR) Regulations, 2015.
Not Specified Sections
No material disclosures under the following sections: KMP / Board / Auditor Changes, Dividend Declaration, Board Meeting Outcomes, Financial Results, Auditor's Report, Disinvestment / Strategic Actions, Media Release / Investor Communication, Other Operational / Legal / Strategic Disclosures.