Bond Montreal Bank 1.4% ( US06366RE765 ) in USD

Issuer Montreal Bank
Market price 100 %  ⇌ 
Country  Canada
ISIN code  US06366RE765 ( in USD )
Interest rate 1.4% per year ( payment 2 times a year)
Maturity 10/04/2018 - Bond has expired



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Minimal amount 2 000 USD
Total amount 1 000 000 000 USD
Cusip 06366RE76
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 specific fixed-income instrument, identified by ISIN US06366RE765 and CUSIP 06366RE76, was issued in USD by the Bank of Montreal, a prominent Canadian diversified financial services institution with extensive operations across North America and globally. Originating from Canada, this bond carried a fixed annual interest rate of 1.4% and represented a total issuance size of $1,000,000,000, with a minimum purchase amount set at $2,000. Interest payments were structured with a frequency of two per year, indicating semi-annual disbursements. This debt security, which was trading at 100% of its par value prior to its expiration, reached its scheduled maturity date on April 10, 2018, at which point the principal was fully repaid to bondholders.