Lloyds Bank Plc, founded in 1765 and headquartered in London, UK, is a major financial institution offering a wide range of banking services aimed at personal and commercial customers. The bank provides essential products and services including current accounts, savings accounts, mortgages, and insurance, catering primarily to the UK market.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Lloyds Bank has a long history of bond issuances, commencing in the mid-1980s to diversify its funding sources. Notable issuances include the 2008 £5 billion rights issue, which was crucial during the financial crisis, and several green bonds aimed at sustainability, reflecting evolving investor interests. Currently, Lloyds Bank’s bond yields are competitive within the industry, with certain issuances featuring callable options, allowing for flexibility in repayment amidst changing market conditions.