Bank of Nova Scotia Issues $1.75 Billion in Covered Bonds

Bank Of Nova Scotia ( (TSE:BNS) ) has issued an update.

The Bank of Nova Scotia announced the issuance of $1.75 billion in 4.299% Covered Bonds, due in 2028, as part of its extensive Global Registered Covered Bond Program. This move, backed by Scotiabank Covered Bond Guarantor Limited Partnership, aims to strengthen the bank’s financial position and enhance its market presence by leveraging its robust bond program to attract investors.

More about Bank Of Nova Scotia

The Bank of Nova Scotia, also known as Scotiabank, operates in the financial services industry, providing a wide range of banking and financial products. It is one of Canada’s largest banks with a significant presence in international markets, focusing on personal and commercial banking, wealth management, and corporate and investment banking.

YTD Price Performance: -8.97%

Average Trading Volume: 1,679,831

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $60.04B

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