Axis Bank Share Price in Focus After Raising $800 Million Through a Dual-Tranche Dollar Bond Issue

Axis Bank has successfully raised a total of $800 million through a dual-tranche US dollar bond issuance under its existing Global Medium Term Notes (GMTN) programme. The fundraising comprises a $500 million Additional Tier 1 (AT1) perpetual bond and a $300 million senior unsecured bond. 

The issuance comes as Indian lenders increasingly tap international debt markets amid the Reserve Bank of India's concessional swap facility aimed at facilitating foreign currency fundraising. 

Axis Bank Raises $800 Million Through Dual-Tranche Bond Issue 

According to a regulatory filing, Axis Bank completed the pricing of USD-denominated Additional Tier 1 Notes and Senior Notes under its GMTN programme. 

The bank raised: 

Both issuances were priced at 100% of the aggregate nominal amount and are scheduled to be issued on June 30, 2026. 

Details of the Additional Tier 1 Notes 

Axis Bank's AT1 issuance has an aggregate nominal amount of $500 million. The perpetual notes have been issued under the bank's GMTN programme in accordance with RBI guidelines. 

Key details include: 

The proceeds will be utilised in accordance with the terms outlined in the offering circular. 

Details of the Senior Notes 

The second tranche consists of Senior Unsecured Fixed Rate Notes aggregating $300 million. 

Key details include: 

The proceeds from the senior notes will also be used as specified in the offering circular. 

Listing Details 

Both the AT1 Notes and Senior Notes are proposed to be listed on: 

The listings will provide international investors access to the bank's debt instruments through the IFSC platform. 

Read More: Bajaj Auto Buyback Record Date Today, June 24, 2026: Key Details, Eligibility and Acceptance Ratio 

Axis Bank Share Price Performance 

Axis Bank share price was trading at ₹1,371.90, up ₹8.40 or 0.62%, as of 10:56 AM on June 24, 2026. The stock opened at ₹1,356.00 and touched an intraday high of ₹1,374.00 and a low of ₹1,356.00 during the session. 

The stock has delivered a return of 1.50% over the past 1 week and 6.67% over the past 1 month. In comparison, the NIFTY 50 has returned -0.57% over 1 week and 0.97% over 1 month. 

Conclusion 

Axis Bank has raised $800 million through a combination of $500 million AT1 perpetual notes and $300 million senior notes under its GMTN programme. The bonds carry coupon rates of 6.875% and 5.348%, respectively, and are scheduled for issuance on June 30, 2026. Meanwhile, Axis Bank share price was trading in the green on June 24, 2026, gaining 0.62% to ₹1,371.90.