Bank of Nova Scotia benchmark 4-part deal

Bank of Nova Scotia benchmark 4-part deal

Bank of Nova Scotia (BNS) has recently completed a significant benchmark 4-part deal, which includes the issuance of a corporate bond maturing on March 30, 2026. The bond, known as BNS 5.0% 03/30/2026, offers a 5.00% coupon rate and a yield of 4.63%, providing investors with a fixed interest return over the bond's duration [1].

The bond is rated investment grade and is callable, with the next call date set for September 30, 2025. The bond's price is currently trading at $100.17, and it has a liquidity score of 1.0 out of 5, indicating that the bond may have limited market activity [1].

Investors interested in purchasing this bond can do so through the Public platform. The process involves signing up for a brokerage account, adding funds to the account, and then purchasing the bond either in whole or fractional amounts. The platform allows investors to manage their investments in one place, alongside other assets such as stocks, options, and cryptocurrencies [1].

This deal reflects BNS's ongoing strategy to raise capital through the issuance of corporate bonds, which can help the bank manage its debt profile and fund growth initiatives. The bond's yield and coupon rate make it an attractive investment opportunity for fixed income investors seeking a steady return.

References:
[1] https://public.com/bonds/corporate/bank-of-nova-scotia/bns-5.0-03-30-2026-06417yak5