C
AA+ Unsecured NCD

Canara Bank

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds

Current YTM
8.07%
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)
8.07%
Live, last traded 2026-08-13
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-03 2026-08-13
Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.
Key Metrics
Coupon Rate
8.40%
YTM (Annual)
8.07%
Credit Rating
AA+
(ICRA)
Remaining Tenure
Perpetual
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹2,000 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-13
NSE OTC (WAP)
Trades (30 Days)
6
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 6 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.60 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
2024-02-14
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

Issued by Canara Bank, 8.40% UNSECURED RATED LISTED NON CONVERTIBLE PERPETUAL BASEL III COMPLIANT ADDITIONAL TIER 1 BONDS IN THE NATURE OF DEBENTURES SERIES II is a rated, ncd paying a 8.40% p.a. coupon annual. The instrument has no fixed maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-13 100.6218 8.0700 None
2026-08-07 100.5582 8.1000 None
2026-08-04 100.7859 8.0000 None
2026-07-31 100.7800 8.0100 2
2026-07-29 100.7906 8.0750 8
2026-07-28 100.7024 8.0839 None
2026-07-22 100.4248 8.1650 None
2026-07-03 100.8181 8.0750 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2024-02-02
Rating Actions History 0
Secondary-Market Trades 8 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 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 ICRA. As of 2024-02-02.

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 2026-08-13 priced Canara Bank 8.40% Dec 9999 NCD at ₹100.62, implying a yield to maturity of 8.07%.

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Canara Bank 7.48% Aug 2032 NCD
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Maturity
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7
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Maturity
27 Sep 2033
7
Canara Bank 7.68% Nov 2033 NCD
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Coupon
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Maturity
29 Nov 2033
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Canara Bank 7.40% Jul 2034 NCD
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Maturity
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