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Canara Bank has issued a public notice informing stakeholders about the interest payment schedule for several bonds issued under the Basel III norms. The announcement, made in compliance with SEBI’s Listing Obligations and Disclosure Requirements, covers bonds that are listed on the National Stock Exchange (NSE) and fall under the debt market segment.
Interest Payment Details
The bank has listed the interest payment and record dates for its Tier I and Tier II bonds due between July and December 2025. These include various bonds issued under the Basel III framework, as well as long-term bonds. Below is a summary of the key information:
- July 19, 2025: Interest payment for ₹2,000 crore Basel III AT I bond (ISIN: INE476A08167) and ₹10,000 crore CB LTB 2034 bond (ISIN: INE476A08233).
Record Date: July 4, 2025. - August 26 & 29, 2025: Interest payment for ₹2,000 crore Tier II bond (ISIN: INE476A08175) and ₹3,000 crore AT I bond (ISIN: INE476A08241).
Record Dates: August 11 and August 14, 2025 respectively. - September 11 & 15, 2025: Interest for ₹1,012 crore AT I bond (ISIN: INE476A08084) and ₹2,000 crore AT I bond (ISIN: INE476A08183).
Record Dates: August 26 and August 30, 2025. - September 29, 2025: Interest for ₹5,000 crore LTB 2023-1 bond (ISIN: INE476A08191) and ₹169.10 crore AT I bond (ISIN: INE476A08092).
Record Date: September 12, 2025. - October 27, 2025: Interest for ₹1,500 crore AT I bond (ISIN: INE476A08126).
Record Date: October 10, 2025. - November 29, 2025: Interest for ₹5,000 crore LTB 2023-2 bond (ISIN: INE476A08209).
Record Date: November 14, 2025. - December 2 & 11, 2025: Interest payments for AT I bonds worth ₹1,500 crore (ISIN: INE476A08134) and ₹1,403 crore (ISIN: INE476A08217).
Record Dates: November 17 and November 26, 2025. - December 18, 2025: Final maturity payment (principal + interest) for ₹750 crore Tier II bond (ISIN: INE667A08047).
Record Date: December 3, 2025. - December 24, 2025: Interest for ₹2,500 crore Tier II bond (ISIN: INE476A08142).
Record Date: December 9, 2025. - December 31, 2025: Final maturity and interest payment for ₹1,500 crore Tier II bond (ISIN: INE476A09264) and interest payment for ₹1,635 crore AT I bond (ISIN: INE476A08100).
Record Date: December 16, 2025.
| ISIN | Instrument | Issued Amount (Rs Cr) | Interest Rate | Interest Payment Date | Record Date |
|---|---|---|---|---|---|
| INE476A08167 | BASEL III AT I | 2,000.00 | 8.24% | 19-Jul-2025 | 04-Jul-2025 |
| INE476A08233 | CB LTB 2034 | 10,000.00 | 7.40% | 19-Jul-2025 | 04-Jul-2025 |
| INE476A08175 | BASEL III TIER II | 2,000.00 | 7.48% | 26-Aug-2025 | 11-Aug-2025 |
| INE476A08241 | BASEL III AT I | 3,000.00 | 8.27% | 29-Aug-2025 | 14-Aug-2025 |
| INE476A08084^ | BASEL III AT I | 1,012.00 | 8.30% | 11-Sep-2025 | 26-Aug-2025# |
| INE476A08183 | BASEL III TIER I | 2,000.00 | 7.99% | 15-Sep-2025 | 30-Aug-2025# |
| INE476A08191 | LTB 2023 – 1 | 5,000.00 | 7.54% | 29-Sep-2025* | 12-Sep-2025# |
| INE667A08039 | BASEL III TIER II | 1,000.00 | 8.58% | 26-Sep-2025$ | 11-Sep-2025 |
| INE476A08092^ | BASEL III AT I | 169.10 | 8.30% | 29-Sep-2025 | 12-Sep-2025# |
| INE476A08126 | BASEL III AT I | 1,500.00 | 8.40% | 27-Oct-2025* | 10-Oct-2025# |
| INE476A08209 | LTB 2023 – 2 | 5,000.00 | 7.68% | 29-Nov-2025 | 14-Nov-2025 |
| INE476A08134 | BASEL III AT I | 1,500.00 | 8.05% | 02-Dec-2025 | 17-Nov-2025 |
| INE476A08217 | BASEL III AT I | 1,403.00 | 8.40% | 11-Dec-2025 | 26-Nov-2025 |
| INE667A08047 | BASEL III TIER II | 750.00 | 8.62% | 18-Dec-2025@ | 03-Dec-2025 |
| INE476A08142 | BASEL III TIER II | 2,500.00 | 7.09% | 24-Dec-2025 | 09-Dec-2025 |
| INE476A09264 | BASEL III TIER II | 1,500.00 | 8.40% | 31-Dec-2025@ | 16-Dec-2025 |
| INE476A08100^ | BASEL III AT I | 1,635.00 | 8.50% | 31-Dec-2025 | 16-Dec-2025 |
Important Clarifications
- Interest payments that fall on holidays will be made on the next working day.
- For bonds with a call option (such as INE476A08084, INE476A08092, and INE476A08100), the bank may exercise this option subject to necessary approvals.
- Maturity payments for bonds ending their term in 2025 will include both principal and interest on the final due date.
Why This Matters
This announcement is crucial for investors holding Canara Bank’s bonds, as the record dates will determine who is eligible to receive interest payments. The bank has taken care to provide all relevant ISIN codes, interest rates, and specific payment dates to avoid any confusion.
For further inquiries or clarifications, bondholders can contact the bank’s company secretary via email at hosecretarial@canarabank.com.
This update reflects Canara Bank’s commitment to transparency and timely communication with its stakeholders in the financial markets.
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