Forex
National Bank of Canada Issues Callable Corporate Bond NTIOF6102181
The National Bank of Canada has issued a corporate bond called NTIOF6102181 with a coupon rate of 5.0% and a maturity date of December 18, 2028.
The bond is classified as callable and putable, meaning it can be redeemed early by the issuer or the holder, respectively.
According to the data provided, the bond has been redeemed several times in the past, with the most recent redemption occurring on October 31, 2022, at a price of 100.0%.
The next call date is scheduled for December 29, 2023, and the issuer will provide a notice period of 10 days before making any calls.
It's worth noting that callable bonds with sinking funds may be redeemed early, which could impact investment decisions.