Bond Montreal Bank 2.35% ( CA06368DRA41 ) in CAD

Issuer	Montreal Bank
Market price	100 % ▲
Country	Canada
ISIN code	CA06368DRA41 ( in CAD )
Interest rate	2.35% per year ( payment 1 time a year)
Maturity	01/10/2031
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Minimal amount	/
Total amount	1 000 000 CAD
Cusip	06368DRA4
Next Coupon	01/10/2025 ( In 59 days )
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. This report details a specific fixed-income instrument, an obligation (bond), identified by ISIN CA06368DRA41 and CUSIP 06368DRA4. The issuer of this bond is Bank of Montreal, one of Canada's oldest and largest financial institutions, founded in 1817. As a prominent member of Canada's 'Big Six' banks, Bank of Montreal operates across various segments including personal and commercial banking, wealth management, and capital markets, with a significant North American presence notably through its BMO Harris Bank operations in the United States, underscoring its robust and diversified financial standing. This particular bond, issued from Canada, carries a fixed interest rate (coupon) of 2.35% and has a total issuance size of 1,000,000 Canadian Dollars (CAD). Currently, the bond is observed trading at 100% of its par value on the market. It is set to mature on October 1, 2031, with interest payments made annually, reflecting a payment frequency of one per year. This bond represents a key financial instrument for investors seeking exposure to the stable Canadian financial sector through a highly-rated issuer like the Bank of Montreal.