Announced Mon, 24 Aug, 2026 · 22:07 IST
Axis Bank to redeem USD 600M AT1 notes on Sep 8, 2026
AXISBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹1236.00
prior close
₹1236.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.2+0.3-0.0+1.6+1.6+2.1+5.2+1.7+2.8+0.6-1.1——
Up moveDown movePending
AI summary
Axis Bank will fully redeem its USD 600 million, 4.10 percent Additional Tier 1 (AT1) notes on September 8, 2026 (the first call date) at 100 percent par value plus accrued interest. The notes were originally issued in September 2021. The bank has obtained RBI approval dated July 31, 2026 and confirmed its capital position will remain well above minimum requirements after the call is exercised.
Likely market impact
Signals strong capital position and financial health. Planned AT1 redemption is positive, reducing future interest costs. No distress.