Industrial and Commercial Bank of China (New Zealand) Limited, established as a subsidiary of the Industrial and Commercial Bank of China (ICBC) in 2006, is headquartered in Auckland, New Zealand. The company operates with the purpose of providing comprehensive banking services, including corporate banking, trade finance, and personal banking products tailored to meet the needs of both individuals and businesses in the region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ICBCAS 5.52% 2025-05-26 NZDIndustrial and Commercial Bank of China (New Zealand) Limited | New Zealand | 2025-05-26 | 5.520 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its establishment, ICBC New Zealand has actively engaged in bond issuances to support its funding strategy. The bank first started issuing bonds in 2010, contributing to its growth and stability in the local market. Notably, in 2021, it launched a significant issuance of NZD 200 million, which garnered attention for its competitive yields compared to industry averages. This issuance featured callable options, enhancing investor interest. Currently, ICBC New Zealand’s bond offerings are attracting interest amid prevailing low-interest rates, reinforcing their status in the bond market.