Canara Bank said it has raised Rs 1,012 crore by issuing Basel III compliant bonds. The bank has issued and allotted Basel III compliant additional tier I bonds amounting to Rs 1,012 crore, it said in a regulatory filing. The bank said it has issued a total of 10,120 non-convertible, perpetual, taxable, subordinated, fully paid up, unsecured bonds carrying coupon rate of 8.30 percent. There were a total of three allottees to this bond issuance, said the state-owned lender.