Bond ScotiaBank 0% ( XS2129418245 ) in USD

Issuer ScotiaBank
Market price refresh price now   100 %  ⇌ 
Country  Canada
ISIN code  XS2129418245 ( in USD )
Interest rate 0%
Maturity 18/03/2060



Prospectus brochure of the bond The Bank of Nova Scotia XS2129418245 en USD 0%, maturity 18/03/2060


Minimal amount 250 000 USD
Total amount 610 000 000 USD
Detailed description The Bank of Nova Scotia, often called Scotiabank, is a Canadian multinational banking and financial services company with a significant international presence, particularly in the Americas and Asia.

A significant debt instrument from The Bank of Nova Scotia, a leading Canadian multinational banking and financial services institution with an extensive global presence and robust credit profile, has been identified under ISIN XS2129418245. This USD-denominated bond, issued from Canada and currently trading at its par value of 100%, forms part of a substantial $610,000,000 total issuance. Notably, this obligation features a zero-coupon structure, meaning it yields no periodic interest payments, with investors receiving the full principal amount solely at its distant maturity date of March 18, 2060. A minimum purchase size of $250,000 positions this long-dated security for institutional or sophisticated investors aiming for a long-term capital allocation within the stable framework of a major Canadian financial entity, prioritizing a deferred principal return over immediate income streams.