Nedbank, founded in 1864 and based in Johannesburg, South Africa, is a prominent financial institution dedicated to providing comprehensive banking solutions. Its services encompass retail banking, corporate banking, investment management, and wealth management, making it a key player in the South African banking landscape.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NEDSJ 10.63% 2027-07-21 ZARNedBank | South Africa | 2027-07-21 | 10.630 | 7.68 |
| NEDSJ 9.44% 2025-02-12 ZARNedBank | South Africa | 2025-02-12 | 9.440 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nedbank commenced its bond issuance in the early 1990s, offering investors a diverse range of products including fixed-rate, floating-rate, and inflation-linked bonds. Notably, the bank issued a R1 billion bond with a 7-year maturity in 2021, which garnered significant interest due to its favorable yield of 8.5%, outperforming industry averages. In recent years, Nedbank has focused on sustainable finance, with an emphasis on green bonds, reflecting its commitment to environmental, social, and governance (ESG) principles.