Axis Bank allots US$300M 5.348 percent Senior Notes under GMTN Programme
AXISBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts less than Nifty 100 and 0.7 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Axis Bank has successfully allotted US$300 million 5.348 percent Senior Notes under its US$5 billion Global Medium Term Note (GMTN) Programme. These notes will be consolidated and form a single series with the existing US$300 million 5.348 percent Senior Notes issued on June 30, 2026. The notes will be listed on the Global Securities Market of the India International Exchange (IFSC) and the Debt Securities Market of NSE IFSC Limited.
Tap issuance under existing GMTN programme diversifies overseas funding at competitive rate. No equity dilution for shareholders.