Discover Bank, founded in 1911 and headquartered in Greenwood, Delaware, serves as the banking subsidiary of Discover Financial Services. The bank primarily focuses on consumer banking products, offering a range of services including savings accounts, CDs, and credit cards, with an emphasis on providing a user-friendly online banking experience.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DFS 2.70% 2030-02-06 USDDiscover Bank | United States | 2030-02-06 | 2.700 | 4.17 |
| DFS 3.45% 2026-07-27 USDDiscover Bank | United States | 2026-07-27 | 3.450 | 3.84 |
| DFS 4.25% 2026-03-13 USDDiscover Bank | United States | 2026-03-13 | 4.250 | 4.86 |
| DFS 4.65% 2028-09-13 USDDiscover Bank | United States | 2028-09-13 | 4.650 | 4.09 |
| DFS 4.68% 2028-08-09 USDDiscover Bank | United States | 2028-08-09 | 4.682 | 4.31 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Discover Bank has established a reputation for its bond issuances, notably beginning in 1991 when it first entered the debt capital markets. The bank has issued various securities, including fixed-rate notes and medium-term notes, with significant issuances in response to its ongoing growth strategy. Current yields on Discover’s bonds are competitive within the industry, making them an attractive option for retail investors. In recent years, Discover has enhanced its bond offerings, reflecting robust credit ratings and solid financial health, while also issuing bonds tied to strategic initiatives aimed at increasing liquidity and supporting its expansion efforts.