Bond ABS Bank 1.625% ( US00216NAD12 ) in USD

Issuer	ABS Bank
Market price	100 % ▲
Country	New Zealand
ISIN code	US00216NAD12 ( in USD )
Interest rate	1.625% per year ( payment 2 times a year)
Maturity	22/10/2026
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Minimal amount	200 000 USD
Total amount	700 000 000 USD
Cusip	00216NAD1
Standard & Poor's ( S&P ) rating	AA- ( High grade - Investment-grade )
Moody's rating	A1 ( Upper medium grade - Investment-grade )
Next Coupon	22/04/2026 ( In 113 days )
Detailed description	ASB Bank is a major New Zealand bank offering a range of personal and business banking services, including accounts, loans, mortgages, and wealth management products. The Bond issued by ABS Bank ( New Zealand ) , in USD, with the ISIN code US00216NAD12, pays a coupon of 1.625% per year. The coupons are paid 2 times per year and the Bond maturity is 22/10/2026 The Bond issued by ABS Bank ( New Zealand ) , in USD, with the ISIN code US00216NAD12, was rated A1 ( Upper medium grade - Investment-grade ) by Moody's credit rating agency. The Bond issued by ABS Bank ( New Zealand ) , in USD, with the ISIN code US00216NAD12, was rated AA- ( High grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.