National Bank of Canada Issues NTIOF6069303 Bond with 5.65% Coupon Rate

The National Bank of Canada has issued a corporate bond called NTIOF6069303, which matures on May 6, 2035. This bond carries a coupon rate of 5.65% and is listed on the FINRA exchange.

The credit risk assessment for this bond shows a rating of 710 from Standard & Poor's (S&P) as of April 29, 2008, and 730 from Fitch Ratings as of November 14, 2017. The issuer's credit enhancement status is senior, indicating that the bondholders have priority over other creditors in case of default.

The bond does not offer any inflation protection and is unsecured, meaning it is not backed by any specific assets or collateral. The use of proceeds from this bond issuance is not available for public disclosure.

Several financial institutions are involved as agents for the bond, including National Bank of Canada Financial, Inc., National Bank of Canada, Bank of New York Mellon SA, and others.