C
AA+ Unsecured NCD

Canara Bank

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds

Current YTM
8.00%
Market YTM
Coupon Rate
8.40%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual)
8.00%
Live, last traded 2026-08-04
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity
Price vs Yield
— Price (Clean)
2026-06-25 2026-08-04
Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.
Key Metrics
Coupon Rate
8.40%
YTM (Annual)
8.00%
Credit Rating
AA+
(CRISIL)
Remaining Tenure
Perpetual
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹1,403 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-04
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 1.60 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Issuer
Instrument Type
NCD
Issue Date
2023-12-11
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

Canara Bank issued this rated, ncd (8.40% UNSECURED RATED LISTED REDEEMABLE ADDITIONAL TIER 1 NON-CONVERTIBLE PERPETUAL BONDS. SERIES I.) carrying a 8.40% p.a. coupon, paid annual. It has no fixed maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-04 100.7351 8.0000 1
2026-07-21 101.0600 1
2026-07-07 101.2000 7.7900 1
2026-07-02 100.7576 8.0750 None
2026-06-25 100.7204 8.0200 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2023-11-23
Rating Actions History 0
Secondary-Market Trades 5 NSE OTC (WAP) 2026-08-04
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 8.40% Dec 9999 NCD?

Canara Bank 8.40% Dec 9999 NCD carries a coupon of 8.40%, paid annual, on a face value of ₹10,000,000.

When does Canara Bank 8.40% Dec 9999 NCD mature?

Canara Bank 8.40% Dec 9999 NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date; the issuer may redeem it on scheduled call dates, subject to regulatory approval.

What is Canara Bank 8.40% Dec 9999 NCD rated?

Canara Bank 8.40% Dec 9999 NCD is rated AA+ by CRISIL. As of 2023-11-23.

Is Canara Bank 8.40% Dec 9999 NCD secured?

Canara Bank 8.40% Dec 9999 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Canara Bank 8.40% Dec 9999 NCD be called or put back early?

Canara Bank 8.40% Dec 9999 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

What yield does Canara Bank 8.40% Dec 9999 NCD currently offer?

The last recorded trade on 2026-08-04 priced Canara Bank 8.40% Dec 9999 NCD at ₹100.74, implying a yield to maturity of 8.00%.

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