Axis Bank issues $300 million senior notes
Analysis based on 6 articles · First reported Aug 04, 2026 · Last updated Aug 22, 2026
The issuance provides Axis Bank with additional funding at a fixed rate, supporting its capital position. The notes are listed on Indian exchanges, potentially attracting international investors and modestly improving the bank's liquidity profile.
Axis Bank Limited completed the allotment and pricing of $300 million in senior notes under its $5 billion Global Medium Term Note Programme. The notes carry a fixed coupon of 5.348% per annum, mature on June 30, 2031, and will be consolidated with an earlier $300 million tranche issued on June 30, 2026, bringing the total series to $600 million. The notes will be listed on the Global Securities Market of the India International Exchange (IFSC) Limited and the Debt Securities Market of the NSE IFSC. The issuance was made through the bank's Gift City Branch and was not offered to residents of India or registered under the U.S. Securities Act of 1933. The bank disclosed the details to the National Stock Exchange of India and JSE Limited in compliance with SEBI regulations.
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