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Canara Bank 7.99% 2927 Bond

ISININE476A08183

CANARA BANK SR II 7.99 LOA PERPETUAL FVRS1CR

Canara Bank is a public-sector (PSU) issuer in the Public Sector Bank sector. This directory lists 16 of its bonds.

Key terms

Issue date
15 Sept 2022
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement (EBP)
Series
series2
Sector
Public Sector Bank
Issuer type
PSU
Issuer nature
Bank

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

India Ratings AA+ / StableCRISIL AA+ / Stable

AA+most conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

AA-grade bonds are judged to have a very strong capacity to repay, only marginally weaker than AAA. They are considered high safety, with low sensitivity to adverse business or economic conditions. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: IND AA+/Stable;CRISIL AA+/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 7.98% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

906 scheduled payments through 31 Dec 2927; final payment ₹1,07,99,000 per bond.

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