Laurentian Bank of Canada, founded in 1846 and headquartered in Montreal, Quebec, focuses on providing banking services primarily to retail and commercial clients across Canada. The bank offers a variety of products and services, including personal and commercial banking, wealth management, and specialized financing solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| LBCN 1.60% 2026-05-06 CADLaurentian Bank Of Canada | Canada | 2026-05-06 | 1.603 | 2.73 |
| LBCN 1.95% 2025-03-17 CADLaurentian Bank Of Canada | Canada | 2025-03-17 | 1.950 | 0.00 |
| LBCN 3.55% 2027-04-20 CADLaurentian Bank Of Canada | Canada | 2027-04-20 | 3.545 | 2.92 |
| LBCN 4.60% 2025-09-02 CADLaurentian Bank Of Canada | Canada | 2025-09-02 | 4.600 | 0.00 |
| LBCN 5.10% 2032-06-15 CADLaurentian Bank Of Canada | Canada | 2032-06-15 | 5.095 | 5.58 |
| LBCN 5.30% 2081-06-15 CADLaurentian Bank Of Canada | Canada | 2081-06-15 | 5.300 | 8.41 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Laurentian Bank has a rich history of bond issuances, commencing its bond offerings as part of its strategy to bolster capital and enhance liquidity. Notably, in 2020, the bank issued $200 million in 3.5% debentures, demonstrating its commitment to accessing diverse funding sources under favorable market conditions. Current yields on these bonds are competitive within the industry, reflecting the bank's solid credit rating. Recent market developments include plans for future issuances aimed at facilitating growth initiatives while maintaining a strong balance sheet.