Bond ScotiaBank 0% ( US064159LS34 ) in USD

Issuer ScotiaBank
Market price 167.2 %  ▲ 
Country  Canada
ISIN code  US064159LS34 ( in USD )
Interest rate 0%
Maturity 14/06/2023 - Bond has expired



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Minimal amount 1 000 USD
Total amount 33 541 000 USD
Cusip 064159LS3
Detailed description The Bank of Nova Scotia, also known as Scotiabank, is a multinational banking and financial services corporation headquartered in Toronto, Canada, with a significant international presence focusing on the Americas and select Asian markets.

An analysis of the financial instrument identified by ISIN US064159LS34 and CUSIP 064159LS3 details a specific bond issued by the Bank of Nova Scotia, a leading multinational banking and financial services company based in Canada. This particular debt security, denominated in USD, represented a total issuance size of $33,541,000, with a minimum acquisition tranche set at $1,000. Notably, the bond carried a zero percent interest rate, classifying it as a zero-coupon bond, meaning no periodic interest payments were made, despite a stated payment frequency of two (implying semi-annual compounding for yield calculations). While it last recorded a market price of 167.2% of its face value, this bond reached its maturity date on June 14, 2023, and has since been fully redeemed.