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| Exchange Received Time 12/10/2017 17:37:25 Exchange Disseminated Time 12/10/2017 17:37:34 Time Taken 00:00:09 | Canara Bank launched a Tap Issuance of 5 year Medium Term Note (MTN) Bonds (issued earlier on 10th August 2017) to the extent of USD 200 million, through its London branch on 11th October 2017 value 17th October 2017 maturing on 10th August 2022. It is priced at 5 year US Treasury plus 119 bps carrying a coupon of 3.25% fixed payable half yearly.
The Bonds are listed in Singapore Stock Exchange and the funds raised are utilized for deploying in long term assets by the Bank's foreign branches.
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