ASB Bank Ltd, founded in 1847 and headquartered in Auckland, New Zealand, is a prominent financial institution dedicated to offering a range of banking services designed to enrich the financial lives of its customers. The bank's primary products include personal and business banking services, insurance, and investment options tailored to meet the diverse needs of its clientele.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
ASB Bank Ltd has a history of active bond issuances, having first entered the market in the early 1980s. Significant bond issues include the NZD 500 million bond issuance in 2019 and the NZD 250 million sustainability bond in 2021, aimed at funding environmentally-friendly initiatives. Currently, ASB's bond yields are competitive within the industry, often reflecting broader economic conditions and investor sentiment, with features such as callable options that attract a diverse range of institutional investors.