M&T Bank Corporation 4.553% 16-AUG-2028M&T Bank Corporation 4.553% 16-AUG-2028M&T Bank Corporation 4.553% 16-AUG-2028

M&T Bank Corporation 4.553% 16-AUG-2028

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
4.55% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
4.86%
Maturity date
Aug 16, 2028
Term to maturity
3 years

About M&T Bank Corporation 4.553% 16-AUG-2028


Sector
Finance
Industry
Regional Banks
Home page
Issue date
Aug 16, 2022
FIGI
BBG019444J28
M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management, and investment services. It operates through the following segments: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other. The Commercial Bank segment offers a wide range of credit products and banking services to middle-market and large commercial customers, mainly within the markets served by the company. The Retail Bank segment refers to the services to consumers and small businesses through the company’s branch network and several other delivery channels such as telephone banking, internet banking, and ATMs. The Institutional Services and Wealth Management segment relates to helping high net worth individuals, institutions, and families grow, preserve, and transfer wealth. The All Other segment reflects other activities of the company that are not directly attributable to the reported segments. The company was founded on August 30, 1856 and is headquartered in Buffalo, NY.
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