National Bank of Canada Bond Issuance with Early Redemption Option
The National Bank of Canada issued a 5.05% bond on October 29, 2032, with a total outstanding amount of $3,602,000.
According to TradingView, the bond has a callable and putable redemption type, allowing it to be redeemed early by the issuer or the holder, respectively.
The first call date is scheduled for January 1, 2024, with a notice period of 10 days. The minimum amount required for redemption is $100, and the price is set at par (face value) of $100.
Historical data shows that the bond has been redeemed multiple times since its issuance, with all redemptions occurring at par value of $100.