Glacier Credit Card Trust, based in the United States, was founded to facilitate the securitization of credit card receivables, allowing for efficient credit card funding and portfolio management. The company primarily offers asset-backed securities that are backed by credit card receivables, aiming to enhance liquidity and meet investor demand for structured finance products.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GLCRTR 1.39% 2025-09-22 CADGlacier Credit Card Trust | Canada | 2025-09-22 | 1.388 | 2.89 |
| GLCRTR 2.44% 2025-09-22 CADGlacier Credit Card Trust | Canada | 2025-09-22 | 2.438 | 3.43 |
| GLCRTR 4.96% 2027-09-20 CADGlacier Credit Card Trust | Canada | 2027-09-20 | 4.958 | 3.07 |
| GLCRTR 5.68% 2028-09-20 CADGlacier Credit Card Trust | Canada | 2028-09-20 | 5.681 | 3.27 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Glacier Credit Card Trust has actively issued bonds, with its first bond issuance occurring in 2004. Notably, one of their significant issuances in 2021 attracted considerable attention due to its favorable terms and a yield that outperformed the average in the asset-backed securities market. The trust offers unique features, such as callable bonds, providing investors with potential early redemption options. Current yields remain competitive, reflecting the trust's strong performance and the stability of its underlying assets, further solidifying its reputation in the market.