Bond Montreal Bank 0% ( US06367W2P76 ) in USD

Issuer Montreal Bank
Market price 100 %  ⇌ 
Country  Canada
ISIN code  US06367W2P76 ( in USD )
Interest rate 0%
Maturity 20/09/2021 - Bond has expired



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Minimal amount 1 000 USD
Total amount 6 155 000 USD
Cusip 06367W2P7
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 Bond Successfully Matures and Is Repaid** An issuance of debt securities, specifically identified by ISIN US06367W2P76 and CUSIP 06367W2P7, has reached its scheduled maturity date and been fully redeemed. The bond was issued by the Bank of Montreal, a major Canadian financial institution with a history spanning over 200 years. As one of Canada's "Big Five" banks, Bank of Montreal (BMO) is a diversified financial services provider operating across North America and internationally, offering a comprehensive suite of products and services, including personal and commercial banking, wealth management, and capital markets. Its debt issuances are a routine part of its funding strategy, reflecting its global financial presence. This particular obligation, denominated in US Dollars and originating from Canada, had a total issuance size of $6,155,000, with a minimum purchase threshold of $1,000. While the bond carried an indicated interest rate of 0%, potentially suggesting a zero-coupon structure, and a previously noted payment frequency of two times per year (though not directly applicable to a zero-coupon payment stream), its critical characteristic is its successful conclusion. The bond reached its maturity on September 20, 2021. At this juncture, the market price was observed at 100%, signifying that the bond has been fully repaid at its par value to the bondholders, thereby concluding its life cycle on the market.