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  4. Bank Simpanan Nasional

Bank Simpanan Nasional Bonds

Bank Simpanan Nasional (BSN), founded in 1974 and headquartered in Kuala Lumpur, Malaysia, serves as a primary financial institution aimed at promoting savings and financial inclusion among Malaysians. The bank offers a range of products and services, including savings accounts, loans, and investment solutions tailored for individual and retail customers.

Bond NameCountryMaturityCoupon(%)
SIMNAS 3.90% 2029-02-12 MYRBank Simpanan NasionalMalaysia2029-02-123.9003.51
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.

Bank Simpanan Nasional issue history

BSN has been an active player in the bond market, issuing its first bonds in the early 1990s to raise capital for expanding its financing capabilities. Among its notable bond issuances was the RM1 billion Sukuk in 2020, aimed at funding sustainable finance activities. Currently, BSN's bond yields are competitive within the industry, reflecting its strong credit rating and the institution's commitment to supporting community initiatives. Recent reports indicate growing interest in its bonds, attributed to their attractive features and favorable terms, underlining BSN's strategic approach to strengthening its financial position.