Forex
National Bank of Canada Issues Strongly Rated Corporate Bond
The National Bank of Canada has issued a bond called NTIOF5910342, which is a corporate bond with a 4.5% interest rate and matures on October 10, 2029.
The bond's security level and means of inflation protection are not explicitly stated in the source, but it does mention that the issuer rating is based on Standard & Poor's (S&P) ratings.
S&P has rated National Bank of Canada with a credit rating of 710 as of November 16, 2023, indicating a strong level of creditworthiness.
The bond also carries a Fitch rating of 710, which is similar to the S&P rating.
The issuer's country of risk is Canada (CA), and the bond has no inflation protection.