The Eastern and Southern African Trade and Development Bank (PTA Bank), founded in 1985 and headquartered in Harare, Zimbabwe, is a regional development finance institution dedicated to promoting financial integration and economic growth across Eastern and Southern Africa. The bank offers a range of financial products and services, including project financing, trade financing, and investment facilitation aimed at supporting both public and private sector projects.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PTABNK 4.13% 2028-06-30 USDEastern and Southern African Trade and Development Bank (PTA Bank) | Supranational | 2028-06-30 | 4.125 | 6.85 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
PTA Bank has actively participated in the bond market since 2005, with notable issuances that have bolstered its capital base for regional development projects. In 2019, it launched a significant $150 million bond to fund infrastructure and trade initiatives, reflecting its strategic commitment to sustainable development. The bank's current bond yields are competitive within the industry, attracting a mix of retail and institutional investors, while it regularly features green bonds, emphasizing its commitment to environmental sustainability.