Bond Montreal Bank 3.35% ( CA06368DU447 ) in CAD

Issuer Montreal Bank
Market price refresh price now   100 %  ▲ 
Country  Canada
ISIN code  CA06368DU447 ( in CAD )
Interest rate 3.35% per year ( payment 1 time a year)
Maturity 31/03/2027



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Minimal amount /
Total amount /
Cusip 06368DU44
Next Coupon 31/03/2026 ( In 240 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.

Bank of Montreal (BMO), one of Canada's oldest and largest financial institutions, has a notable fixed-income instrument circulating in the market, providing investors with an opportunity to gain exposure to a high-quality credit. Established in 1817, BMO stands as a prominent pillar of the Canadian banking sector, operating across a wide spectrum of financial services including personal and commercial banking, wealth management, and capital markets. As one of Canada's "Big Six" banks, it is recognized for its robust financial health, diversified global operations, and strong regulatory oversight, making its debt obligations generally appealing to investors prioritizing stability and creditworthiness. The specific bond under review is identified by the ISIN CA06368DU447 and the CUSIP 06368DU44. This Canadian-issued obligation, denominated in Canadian Dollars (CAD), currently trades at 100% of its par value on the open market, reflecting its principal stability at present. It carries a fixed annual interest rate (coupon) of 3.35%, ensuring a consistent income stream for holders. The bond is set to mature on March 31, 2027, providing a defined medium-term investment horizon. Interest payments are structured to occur annually, aligning with common practices for fixed-income securities and offering predictable cash flows to investors until its full redemption at maturity.