Bank 2018-BNK14, headquartered in New York, was founded with the purpose of providing innovative banking solutions to retail investors and small businesses. The bank offers a range of financial services, including personal and small business loans, savings accounts, and investment products tailored to meet the needs of its clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| 3.97% 2060-09-15 USDBank 2018-BNK14 | United States | 2060-09-15 | 3.966 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Bank 2018-BNK14 has established a notable presence in the bond market, issuing its first bonds in 2019 to capitalize on favorable interest rates. The bank's recent bond issuances have attracted attention, particularly a 5-year bond issued in March 2023 with a yield of 3.75%, which was notably higher than the industry average. Additionally, the bank's bonds feature a unique call option that allows for repayment under specific conditions, providing investors with an attractive flexibility. Recent news highlighted the bank's successful completion of a $300 million bond offering in September 2023, aimed at funding its expansion initiatives.