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Published on 1/13/2021 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

National Bank of Canada calls ZAR 290 fixed-rate notes due 2027

By Taylor Fox

New York, Jan. 13 – National Bank of Canada plans to redeem its ZAR 290 million callable fixed-rate notes due Jan. 30, 2027 (ISIN: XS2107615358) on Jan. 30, according to a company announcement.

The notes will be redeemed at a total price of ZAR 314.07 million, or ZAR 2,166,000 per calculation amount.

Citibank, NA London Branch is the agent.

The bank is based in Montreal.


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