Issue 292

Indicative market yield (% pa) 2.40
Indicative market price (%) 106.83

Issuer Heartland Bank Limited
Amount on issue (NZ$m) 150.0
Issuer type Financial institution
Description Unsecured, unsubordinated, medium term, fixed rate notes
Security ranking Senior
Assumed maturity date 21 Sep 2022
Legal maturity date 21 Sep 2022
Credit rating BBB
Current coupon 4.50
Coupon type Fixed Semi annual
Next coupon reset date N/A
Coupon reset at 5yr swap 1.88
Election/Conversion date N/A
First & future call dates N/A
Margin reset date N/A
Margin reset N/A
NZX Code HBL010
Holdings - minimum/increments ($) 5,000/1,000
Issue documentation Click here

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