National Bank of Canada Issues Corporate Bond NTIOF6268021
The National Bank of Canada has issued a corporate bond, NTIOF6268021, with a 4.0% interest rate and maturity date of December 24, 2027. The bond is listed on the FINRA exchange and is described as a senior, unsecured issue with no inflation protection.
According to the credit risk assessment, the issuer rating for National Bank of Canada is currently 710, based on Standard & Poor's ratings, which has been stable since 2020. Fitch Ratings also rates the bank at 730, with a positive outlook.
The bond's seniority level is classified as 'Senior', and it offers no protection against inflation. The proceeds from the bond issue are not specified to be used for any particular purpose.