Bond ABS Bank 1.9% ( XS2344384339 ) in USD

Issuer ABS Bank
Market price refresh price now   100 %  ⇌ 
Country  New Zealand
ISIN code  XS2344384339 ( in USD )
Interest rate 1.9% per year ( payment 2 times a year)
Maturity 19/05/2028



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Minimal amount 200 000 USD
Total amount 200 000 000 USD
Next Coupon 19/05/2026 ( In 140 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.

Investors are currently evaluating a bond issuance (ISIN: XS2344384339) from ASB Bank, a prominent New Zealand-based financial institution and a subsidiary of Commonwealth Bank of Australia, which is denominated in USD and currently trading at par (100% of its face value) on the market, offering a fixed annual coupon rate of 1.9% paid semi-annually, with the bond set to mature on May 19, 2028, and representing a total issue size of USD 200,000,000 with a minimum purchase increment of USD 200,000.