Canara Bank has confirmed the annual interest and principal payment on its Non-Convertible, Taxable, Perpetual, Subordinated, Fully Paid Up, Unsecured Basel III COMPLIANT Additional Tier 1 Bonds. The payment, totaling ₹129,96,00,000, was successfully credited to bondholder accounts on February 2, 2026. This announcement confirms the bank’s adherence to its financial obligations.
Successful Interest and Principal Payment
Canara Bank announced that the annual interest and principal payment on its Non-Convertible, Taxable, Perpetual, Subordinated, Fully Paid Up, Unsecured Basel III COMPLIANT Additional Tier 1 Bonds with ISIN Number INE476A08118 was paid on February 2, 2026.
Details of Interest Payment
The interest amount paid on February 2, 2026, was ₹9,96,00,000. The frequency of payment is annual, and the previous interest payment was made on February 3, 2025.
Redemption Details
The bank also completed a full redemption of the bonds with ISIN INE476A08118. The quantity redeemed was 1200 NCDs and the total amount redeemed was ₹120,00,00,000. The maturity date was February 2, 2026, and the last interest payment date was March 2, 2025. The reason for redemption was a call option.
Source: BSE
