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EQUITABLE BK 22/25 MTN

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Overview
Analysis

Key terms


Outstanding amount
‪250.00 M‬EUR
Face value
1,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
3.25% (Variable)
Coupon frequency
Annual
Yield to maturity
1.84%
Maturity date
Oct 6, 2025
Term to maturity
11 months

About EQUITABLE BK 22/25 MTN


Issuer
Equitable Bank (Toronto)
Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Oct 5, 2022
ISIN
XS2540993172
Part of EQB, Inc., Equitable Bank is a financial institution based in Toronto, Canada. Equitable Bank focuses on providing branchless banking services that cater to the unique needs of all Canadians. The Canadian company offers a range of financial services, including mortgages, savings accounts, investment options, and commercial loans. Equitable Bank is committed to investing in its employees and offers student and leadership programs, as well as development programs for new grads and summer interns. Equitable Bank (Toronto) also emphasizes its dedication to sustainability and reducing its carbon footprint. The company was founded in 1970, and Andrew R. G. Moor has been the CEO since 2007.
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