Bond Montreal Bank 1.16% ( AU3FN0038360 ) in AUD

Issuer	Montreal Bank
Market price	100 % ▼
Country	Canada
ISIN code	AU3FN0038360 ( in AUD )
Interest rate	1.16% per year ( payment 4 times a year)
Maturity	05/10/2022 - Bond has expired
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Minimal amount	10 000 AUD
Total amount	500 000 000 AUD
Detailed description	Bank of Montreal (BMO) is a major Canadian multinational bank offering a wide range of financial services including personal and commercial banking, wealth management, and investment banking, operating across North America and internationally. A fixed-income instrument, identified by ISIN AU3FN0038360, recently concluded its lifecycle, having successfully matured and been fully repaid. This bond, denominated in Australian Dollars (AUD), carried an interest rate of 1.16% and was issued by the Bank of Montreal, a venerable Canadian financial institution. Established in 1817, Bank of Montreal (BMO) stands as Canada's oldest bank, maintaining a strong presence across North America and key global markets, offering a comprehensive range of banking and financial services. The bond, originating from Canada, represented a total issuance size of 500,000,000 AUD, with a minimum purchase threshold set at 10,000 AUD. Interest payments were structured with a frequency of four times per year. The bond reached its specified maturity date on October 5, 2022, at which point it was redeemed at its par value of 100%, ensuring full repayment to all bondholders and concluding its financial obligation.