The Bank of Nova Scotia, commonly known as Scotiabank, was founded in 1832 and is headquartered in Toronto, Canada. As one of the largest banks in Canada, Scotiabank serves millions of customers by providing a diverse range of financial products and services, including personal and commercial banking, wealth management, and investment services.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Scotiabank has a long history of bond issuance, beginning in the early 20th century. The bank is known for its significant bond offerings, including a landmark C$3 billion issuance in 2020 amidst the COVID-19 pandemic, which provided liquidity and support during market volatility. Currently, Scotiabank's bond yields are competitive within the industry, offering attractive options to retail investors. Notable features of their bonds include callable options and amortizing structures, which can cater to different investor preferences.