Emirates NBD Bank (P.J.S.C) FRN 31-JAN-2029Emirates NBD Bank (P.J.S.C) FRN 31-JAN-2029Emirates NBD Bank (P.J.S.C) FRN 31-JAN-2029

Emirates NBD Bank (P.J.S.C) FRN 31-JAN-2029

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Key terms


Outstanding amount
‪600.00 M‬USD
Face value
10,000.00USD
Minimum denomination
200,000.00USD
Coupon
6.08% (Variable)
Coupon frequency
Quarterly
Yield to maturity
5.20%
Maturity date
Jan 31, 2029
Term to maturity
4 years

About Emirates NBD Bank (P.J.S.C) FRN 31-JAN-2029


Sector
Finance
Industry
Major Banks
Issue date
Jan 31, 2024
FIGI
BBG01L3K0ZS6
Emirates NBD Bank PJSC engages in the provision of financial services. It operates through the following business segments: Corporate and Institutional Banking, Retail Banking and Wealth Management, Global Markets and Treasury, Denizbank, and Other Operations. The Corporate and Institutional Banking segment offers current and savings accounts, overdrafts, trade finance and term loans for government, corporate, commercial, customer deposits, and investment banking. The Retail Banking and Wealth Management segment includes loans and deposits, private banking, equity broking services, asset management and consumer financing. The Global Markets and Treasury segment consists of managing the group's portfolio of investments, funds management, Islamic products, and interbank treasury operations. The DenizBank segment focuses on the operations in Turkey. The Other Operations segment involves Tanfeeth, property management, operations, and support functions. The company was founded on June 19, 1963 and is headquartered in Dubai, United Arab Emirates.
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