Nbk Tier 2 Ltd is a financial institution established to enhance the capital framework of its parent company, the National Bank of Kuwait, headquartered in Kuwait City. The company is focused on issuing Tier 2 capital instruments and other debt products to support the bank's regulatory capital requirements and financial stability.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NTBKKK 2.50% 2030-11-24 USDNbk Tier 2 Ltd | United Arab Emirates | 2030-11-24 | 2.500 | 6.41 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Nbk Tier 2 Ltd has played a crucial role in the Kuwaiti financial market by launching significant bond issuances, including its inaugural Tier 2 bond in 2016, which was well-received by investors. The company’s bond yields have consistently remained competitive within the industry, reflecting strong investor confidence, especially following a notable issuance that raised $500 million in 2020, aimed at fortifying the bank's capital base. Additionally, the bonds feature a call option after five years, providing flexibility to the issuer while aligning with market expectations.