National Bank of Canada Issues Corporate Bond with 4.50% Coupon Rate

The National Bank of Canada has issued a corporate bond with a coupon rate of 4.50%. The bond, labeled NTIOF6287358, is due to mature on January 21, 2031.

The current coupon payment is set for January 21, 2027, and the interest rate will remain fixed at 4.50% per annum. This means that every year until maturity, the bondholders can expect to receive an annual interest payment of $45.00 based on a principal amount.

The bond's coupon frequency is set to annual payments, meaning that the interest payment will be made once a year. It's worth noting that this information is part of TradingView's database and may not reflect real-time market data or up-to-date prices.