NATL BK CDA 24/34 FLRNATL BK CDA 24/34 FLRNATL BK CDA 24/34 FLR

NATL BK CDA 24/34 FLR

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Key terms


Outstanding amount
‪500.00 M‬CAD
Face value
1,000.00CAD
Minimum denomination
1,000.00CAD
Coupon
5.28% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
4.73%
Maturity date
Feb 15, 2034
Term to maturity
9 years

About NATL BK CDA 24/34 FLR


Sector
Finance
Industry
Regional Banks
Home page
Issue date
Feb 5, 2024
FIGI
BBG01L84ZP29
National Bank of Canada engages in the provision of commercial banking and financial services. It operates through the following segments: Personal and Commercial, Wealth Management, Financial Markets, US Specialty Finance and International, and Other. The Personal and Commercial segment is involved in banking, financing, and investing services offered to individuals, advisors, and businesses as well as insurance operations. The Wealth Management segment focuses on the investment solutions, trust services, banking services, lending services, and other wealth management solutions offered through internal and third-party distribution networks. The Financial Markets segment includes banking and investment banking services and financial solutions for large and mid-size corporations, public sector organizations, and institutional investors. The US Specialty Finance and International segment consists of specialty finance expertise activities of subsidiary ABA Bank, which offers financial products and services to individuals and businesses, and activities of targeted investments in certain emerging markets. The Other segment encompasses treasury activities such as liquidity management, bank funding, asset and liability management, the activities of the Flinks subsidiary, a fintech company specialized in financial data aggregation and distribution, certain specified items, and unallocated portions of corporate services. The company was founded on May 4, 1859 and is headquartered in Montreal, Canada.
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