Bond Montreal Bank 3.5% ( CA06368A5S50 ) in CAD

Issuer	Montreal Bank
Market price	100 % ⇌
Country	Canada
ISIN code	CA06368A5S50 ( in CAD )
Interest rate	3.5% per year ( payment 1 time a year)
Maturity	06/10/2022 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 CAD
Total amount	/
Cusip	06368A5S5
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. An overview of a recently matured fixed-income instrument reveals the characteristics of an obligation issued by the Bank of Montreal. This particular bond, identifiable by its ISIN CA06368A5S50 and CUSIP 06368A5S5, was issued by the Bank of Montreal (BMO), one of Canada's oldest and largest diversified financial services providers. Established in 1817, BMO offers a comprehensive array of personal and commercial banking, wealth management, and capital markets solutions, operating across North America and internationally, thereby solidifying its reputation as a significant and reliable issuer in global debt markets. Denominated in Canadian Dollars (CAD) and originating from Canada, this bond carried an annual interest rate of 3.5% and stipulated a minimum purchase size of CAD 1,000. Its maturity date was set for October 6, 2022. Prior to its expiration, the bond was observed trading at 100% of its par value on the market, indicating its full valuation. As officially confirmed, this obligation has successfully reached its maturity date and has since been fully redeemed by the Bank of Montreal, ensuring all principal was returned to bondholders as scheduled.