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Scotiabank Issues EUR 1.25 Billion Covered Bonds

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Scotiabank Issues EUR 1.25 Billion Covered Bonds

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Bank Of Nova Scotia ( (TSE:BNS) ) just unveiled an update.

The Bank of Nova Scotia has announced the issuance of EUR 1.25 billion in 2.516% Covered Bonds due June 2029, under its extensive Global Registered Covered Bond Program. This move, guaranteed by Scotiabank Covered Bond Guarantor Limited Partnership, signifies a strategic financial maneuver aimed at strengthening the bank’s funding base and enhancing its market presence in the European financial markets.

More about Bank Of Nova Scotia

The Bank of Nova Scotia, also known as Scotiabank, operates in the financial services industry, offering a wide range of banking products and services. It focuses on personal and commercial banking, wealth management, and corporate and investment banking, serving a diverse clientele across various markets.

Learn more about BNS stock on TipRanks’ Stock Analysis page.

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