Canara Bank pays annual interest on Basel III bonds

Canara Bank announced the timely payment of annual interest on its Non-Convertible, Taxable, Perpetual, Subordinated, Fully Paid Up, Unsecured Basel III Compliant Additional Tier 1 Bonds (ISIN: INE476A08183). The interest amount, totaling 15.98 bn rupees, was credited to bondholders' bank accounts on September 15, 2025, via RTGS/NEFT/IBA/DD modes. The coupon rate for these bonds is 7.99%.

The bonds, with an issue size of 2 trn rupees, have an annual interest payment frequency. The record date for this payment was August 30, 2025, which was the immediate preceding business day to August 31, 2025, a holiday. This ensures compliance with SEBI guidelines for listed obligations and disclosure requirements. The last interest payment for these bonds was made on September 17, 2024.

This confirmation aligns with Regulation 57 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, highlighting the bank's adherence to regulatory standards for its listed debt instruments. Santosh Kumar Barik, company secretary, signed the confirmation.