Announced Wed, 22 Jul · 19:07 IST
Canara Bank raises US$ 200M via tap issuance of 4.896% notes due 2029
Compliance View source PDF
CANBK · 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
-0.7%1-day move
₹126.53
prior close
₹126.02
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.2+0.0+0.1-0.7+0.4————————
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AI summary
Canara Bank raised US$ 200 million through tap issuance of 4.896% senior unsecured notes due September 2029. The notes will be consolidated with existing US$ 300 million notes of the same series, under the bank's US$ 3 billion medium term note programme. Coupon is fixed at 4.896% paid semi-annually. Listed on Singapore Exchange and India IFSC. Allotment was on 22 July 2026, redemption on 11 September 2029.
Likely market impact
Strengthens dollar funding base. Single allottee tap issuance consolidates with existing notes; likely neutral impact for shareholders.