Axis Bank lists USD 300M senior notes on IFSC exchanges

Capital Market Events View source PDF Explain this filing

AXISBANK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹1245.80

prior close

₹1245.80

announcement price

After-mkt

timing

Nifty 100market-0.1%-0.7% vs market

Private Sector Bank peers, median of 19sector-0.6%-0.2% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty 100 and 0.2 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.1

15m

-0.0

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-0.1-0.7-0.6-0.2

Next day

-0.9+0.4-1.3+0.2-1.1

+0.8-0.0+0.8+1.9-1.1

+0.8-0.5+1.3+1.9-1.1

+1.3-0.2+1.5+0.5+0.8

+4.4-0.6+5.0+1.4+3.0

+0.4-1.4+1.8+0.2+0.2

15d

-1.8-4.7+2.9-1.5-0.3

-4.3-4.6+0.4+0.3-4.6

-2.1-6.9+4.9-7.1+5.0

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UpDownMarket · Nifty 100Sector · Private Sector Bank peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Axis Bank has received final listing approval from India INX and NSE IX for USD 300 million senior notes carrying a 5.179 percent coupon, issued under its USD 5 billion GMTN programme. The notes are listed on the Global Securities Market and Debt Securities Market at the IFSC and are not offered to residents in India.

Likely market impact

Routine offshore debt listing on IFSC exchanges. No equity dilution. Supports the bank's capital and funding base.