Metro Bank Plc, founded in 2010, is a retail bank headquartered in London, UK, dedicated to providing exceptional banking services to individuals and businesses. The bank prides itself on its customer-centric approach, offering a range of products including current accounts, savings accounts, and personal loans, designed to meet the needs of its diverse clientele.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MTROLN 5.50% 2028-06-26 GBPMetro Bank Plc | United Kingdom | 2028-06-26 | 5.500 | 41.45 |
| MTROLN 9.50% 2025-10-08 GBPMetro Bank Plc | United Kingdom | 2025-10-08 | 9.500 | 7.57 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Metro Bank has made significant strides in the bond market, issuing its first bond in 2014 to bolster its capital structure. Notable issuances include the £250 million 7-year senior preferred bond in 2021, which attracted strong investor interest due to competitive yields exceeding 2% at the time, reflecting favorable market conditions. As of October 2023, Metro Bank's bond yields remain competitive within the industry, with ongoing discussions about potential future issuances aimed at further strengthening its balance sheet amidst a growing retail banking landscape.