Nedbank Group Ltd., founded in 1864 and headquartered in Johannesburg, South Africa, is one of the largest banking institutions in the African continent, providing a comprehensive range of financial services designed to meet the diverse needs of its customers. Its key products and services include retail and business banking, investment banking, asset management, and insurance solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NEDSJ 10.00% 2030-06-30 ZARNedbank Group Ltd. | South Africa | 2030-06-30 | 10.000 | 31.28 |
| NEDSJ 10.32% 2030-07-02 ZARNedbank Group Ltd. | South Africa | 2030-07-02 | 10.317 | 33.47 |
| NEDSJ 9.61% 2031-06-19 ZARNedbank Group Ltd. | South Africa | 2031-06-19 | 9.608 | 28.83 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nedbank began issuing bonds in the early 1990s and has since established a significant presence in the South African bond market. Notably, in 2020, the bank launched a green bond to finance renewable energy projects, reflecting its commitment to sustainability. Currently, its bond yields remain competitive within the industry, with some offerings featuring unique structures, such as callable options. Recent market activity has shown robust demand for its corporate bonds, indicative of strong investor confidence amidst fluctuating economic conditions.