Canara Bank prices $350 million debut senior bond

Canara Bank last night priced a $350 million 5.5-year senior bond, offering a generous spread as investors brace for more Indian bank issuance.

Denise Wee

March 04, 2011

Canara Bank, acting through its London branch, last night tapped the bond market with a $350 million 5.5-year senior bond.

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