tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

NAB Announces Interest Payment Dates for US$1.75 Billion Covered Bonds

Story Highlights
NAB Announces Interest Payment Dates for US$1.75 Billion Covered Bonds

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

National Australia Bank Limited ( (AU:NAB) ) just unveiled an announcement.

National Australia Bank Limited has announced the interest payment and record dates for its US$1.75 billion 4.370% Covered Bonds due on June 3, 2030. This announcement is part of NAB’s U.S.$40 billion Covered Bond Programme, which plays a significant role in the bank’s funding strategy, potentially impacting its financial stability and investor relations.

The most recent analyst rating on (AU:NAB) stock is a Sell with a A$38.00 price target. To see the full list of analyst forecasts on National Australia Bank Limited stock, see the AU:NAB Stock Forecast page.

More about National Australia Bank Limited

National Australia Bank Limited (NAB) is a prominent financial institution in Australia, offering a range of banking and financial services. It operates within the banking industry, focusing on providing credit and investment solutions, and is a key player in the Australian and international financial markets.

YTD Price Performance: 21.48%

Average Trading Volume: 4,356,043

Technical Sentiment Signal: Buy

Current Market Cap: A$134.5B

Learn more about NAB stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1