National City Bank, founded in 1845 and headquartered in Cleveland, Ohio, serves as a prominent financial institution dedicated to providing comprehensive banking solutions. As a subsidiary of PNC Financial Services Group, the bank offers a wide range of products including personal and commercial banking, mortgages, and investment services.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PNC 4.25% 2037-07-03 USDNational City Bank | United States | 2037-07-03 | 4.254 | 4.92 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
National City Bank has a rich history in bond issuance, dating back to its first bond offerings in the early 1900s. Significant issues include their 2005 municipal bonds, which funded local infrastructure projects, and their 2008 corporate bonds that garnered attention during the financial crisis. Current yields for these bonds remain competitive against industry averages, reflecting the bank's stability and creditworthiness. In recent years, National City has focused on green bonds, aligned with sustainable initiatives, showcasing its commitment to social responsibility.