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NEW YORK, July 15 (Reuters) - The Bank of Nova Scotia sold $2.5 billion of 3-year covered bonds, said IFR, a Thomson Reuters service.

The bonds were sold at 25 basis points over mid-swaps, IFR said.

The joint lead managers on the sale are Barclays, Bank of America Merrill Lynch, HSBC and Scotia. Keywords: NOVASCOTIA BONDS/SALE

(John.Parry@thomsonreuters.com; +1-646-223-6303; Reuters Messaging: john.parry.reuters.com@reuters.net)

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Scotia Bank hosted a brokers and agents session on yesterday, at the Opus conference room to discuss some of the services that Scotia offers in terms of real estate to clients.

 

The session was informative as they were able to confirm a number of important information such as their current interest rates on loans and mortgages, investment opportunities for private banking clients, insurance policies details and benefits, merchant services and small business plan writer information for corporate clients and the likes.

 

As agents we also had the opportunity to discuss some of the hiccups that we have found when dealing with the banks, especially in the line of getting clients pre-qualified for a mortgage or loan, which is something that National Colony Realty has been strongly campaigning on for the past few months. Thankfully, the bank now has a liaison person who can work with agents to get through this process more smoothly and in a timely manner. Overall, I believe that it was a successful session and I applaud Scotia Bank for their efforts in reaching out to the real estate association to bridge the communication gaps in order to make our relationships with the banking community and our clients more favorable.  

 

Vernica

Email: delancy@nationalcolonyrealty.com