
First National Financial Corporation, headquartered in Toronto, Canada, was established to provide comprehensive financial services and solutions across the mortgage and financial sectors. The company primarily offers mortgage servicing, origination, and a variety of financing options, catering specifically to residential and commercial customers.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
FNCN 2.96% 2025-11-17 CADFirst National Financial Corporation | Canada | 2025-11-17 | 2.961 | 3.24 |
FNCN 6.26% 2027-11-01 CADFirst National Financial Corporation | Canada | 2027-11-01 | 6.261 | 3.24 |
FNCN 7.29% 2026-09-08 CADFirst National Financial Corporation | Canada | 2026-09-08 | 7.293 | 3.26 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, First National has been a prominent player in the bond market, first issuing bonds in the late 1980s as a means to finance its extensive mortgage portfolio. The company has gained attention for significant bond offerings, such as its large multi-tranche deals in recent years, which have attracted institutional investors due to their attractive yields compared to the industry average. With a focus on maintaining high-quality mortgage assets, First National's bonds often feature notable elements such as callable options, enhancing their appeal in changing market conditions. In 2023, the company continued to demonstrate resilience, successfully launching a new bond series that underscored its robust financial health amidst fluctuating interest rates.