Bank of N T Butterfield & Son Ltd., founded in 1858 and headquartered in Hamilton, Bermuda, serves as a leading provider of banking and financial services in the region. The bank offers a wide range of products, including personal and commercial banking, wealth management, and trust services, catering to both retail and institutional clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NTBBH 5.25% 2030-06-15 USDBank of N T Butterfield & Son Ltd. | Bermuda | 2030-06-15 | 5.250 | 8.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Bank of N T Butterfield & Son Ltd. began issuing bonds to raise capital for various business needs, with the first significant issuance dating back to the early 2000s that set the stage for future growth. Notably, the bank's recent bond offerings have seen strong demand due to competitive yields and solid credit ratings compared to industry peers. The bank's bonds typically possess features such as callable options, and their recent 10-year issuance garnered attention for its favorable terms amid a rising interest rate environment, reflecting investor confidence in the bank’s stability and growth prospects.