C
AAA Unsecured NCD

Canara Bank

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2032

Current YTM
8.43%
Market YTM
Coupon Rate
7.48%
Per annum
Maturity Date
26 Aug 2032
6.0 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual)
8.43%
Live, last traded 2026-08-13
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+207 bps
vs 6.0Y G-Sec at 6.36%
Above the median spread for similar-tenor peers
Tenure
6.0 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-10 2026-08-13
Cashflow Timeline
26 Aug 2027
Interest Payment
₹748,000.00 / Bond
26 Aug 2028
Interest Payment
₹748,000.00 / Bond
26 Aug 2029
Interest Payment
₹748,000.00 / Bond
26 Aug 2030
Interest Payment
₹748,000.00 / Bond
26 Aug 2031
Interest Payment
₹748,000.00 / Bond
26 Aug 2032
Principal Payment
₹10,000,000.00 / Bond

Next 5 coupons + principal at maturity · per ₹10,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2022-08-26 Matures 2032-08-26
Key Metrics
Coupon Rate
7.48%
YTM (Annual)
8.43%
Credit Rating
AAA
(INDIA_RATINGS)
Remaining Tenure
6.0 Years
Advanced metrics
Modified Duration
4.63 Yrs
Macaulay Duration
5.02 Yrs
Issue Size
₹2,000 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
4.63 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-13
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.52 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Issuer
Instrument Type
NCD
Issue Date
2022-08-26
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

Canara Bank issued this rated, ncd (7.48% UNSECURED RATED LISTED SUBORDINATED TIER 2 NON CONVERTIBLE BOND IN THE NATURE OF DEBENTURE. LETTER OF ALLOTMENT. SERIES I. DATE OF MATURITY 26/08/2032.) carrying a 7.48% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-13 99.0853 8.4280 None
2026-07-27 99.0853 8.3760 None
2026-07-24 99.0853 8.4200 None
2026-07-10 98.9475 8.4633 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2022-08-18
Rating Actions History 0
Secondary-Market Trades 4 NSE OTC (WAP) 2026-08-13
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions
What is the coupon rate on Canara Bank 7.48% Aug 2032 NCD?

Canara Bank 7.48% Aug 2032 NCD carries a coupon of 7.48%, paid annual, on a face value of ₹10,000,000.

When does Canara Bank 7.48% Aug 2032 NCD mature?

Canara Bank 7.48% Aug 2032 NCD matures on 2032-08-26, 6.0 years from today.

What is Canara Bank 7.48% Aug 2032 NCD rated?

Canara Bank 7.48% Aug 2032 NCD is rated AAA by INDIA_RATINGS. As of 2022-08-18.

Is Canara Bank 7.48% Aug 2032 NCD secured?

Canara Bank 7.48% Aug 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Canara Bank 7.48% Aug 2032 NCD be called or put back early?

Canara Bank 7.48% Aug 2032 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

What yield does Canara Bank 7.48% Aug 2032 NCD currently offer?

The last recorded trade on 2026-08-13 priced Canara Bank 7.48% Aug 2032 NCD at ₹99.09, implying a yield to maturity of 8.43%.

More Bonds from This Issuer
7
Canara Bank 7.54% Sep 2033 NCD
AAA
Coupon
7.54%
Maturity
27 Sep 2033
7
Canara Bank 7.68% Nov 2033 NCD
AAA
Coupon
7.68%
Maturity
29 Nov 2033
7
Canara Bank 7.40% Jul 2034 NCD
Coupon
7.40%
Maturity
19 Jul 2034
7
Canara Bank 7.46% Mar 2035 NCD
AAA
Coupon
7.46%
Maturity
18 Mar 2035
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