The National Bank of Canada is a major Canadian bank offering a wide range of financial services including personal and commercial banking, wealth management, and financial markets.
The National Bank of Canada, a prominent Canadian financial institution with a comprehensive suite of banking, wealth management, and insurance services operating across Canada and internationally, has an outstanding bond issue identified by the ISIN XS2258552855, currently trading at a market price of 100%; this debt instrument, denominated in USD, represents a total issuance size of 80,000,000, with a minimum purchase amount set at 250,000, and is characterized by a 0% interest rate, implying it is structured as a zero-coupon bond where investor returns are realized from the difference between the purchase price and the face value at its distant maturity date of November 23, 2060; although a payment frequency of two is specified, this refers to other potential bond characteristics given the absence of coupon payments.
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