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Instrument Details

ISIN: INE667A09177

Face value

₹10,00,000

Coupon rate

9.00 %

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

1000

Instrument Type

Bond

Returns

Linked to Markets

Date of Issue

31 Dec 2012

Maturity Date

31 Dec 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

CANARA BANK 9 BD 31DC22 FVRS10LAC LOAUPTO30DC12
Canara Bank, a Public Sector Bank company, has floated Bond, having ISIN value as INE667A09177, with a face value of ₹10,00,000 rs on 31Dec12 to raise 1000 crores. The debt instrument is issued with a coupon rate of 9.00 % and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Bond is 9.00% Unsecured Non Convertible Subordinated Tier II Bonds (Series XII) in nature of Promissory notes.Letter of Allotment Date of Maturity: 31/12/2022. This instrument is issued in Unknown mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given WITHDRAWN rating to this Bond on 31Dec12. This issuer is formerly known as CANARA BANK LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

9.00 %

Returns

Linked to Markets

Bond Rating

WITHDRAWN

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Public Sector Bank
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE667A09177 issued by Canara Bank

The instrument name of INE667A09177 ISIN is CANARA BANK 9 BD 31DC22 FVRS10LAC LOAUPTO30DC12.
The interest earned from INE667A09177 bond issued by Canara Bank is paid Annually, ensuring regular and consistent income for investors.
This INE667A09177 bond issued by Canara Bank has been assigned a credit rating of WITHDRAWN by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE667A09177 bond issued by Canara Bank is 9.00 %.
The INE667A09177 Bond is issued by Canara Bank, a PSU company.
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