Bond Montreal Bank 9.25% ( US06367WE748 ) in USD

Issuer Montreal Bank
Market price 102.14 %  ⇌ 
Country  Canada
ISIN code  US06367WE748 ( in USD )
Interest rate 9.25% per year ( payment 2 times a year)
Maturity 21/06/2021 - 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 USD
Total amount 625 000 USD
Cusip 06367WE74
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.

A detailed examination of the Bank of Montreal bond, identified by ISIN US06367WE748 and CUSIP 06367WE74, reveals its historical characteristics and eventual redemption. Issued by Bank of Montreal, a prominent Canadian financial institution headquartered in Canada, this particular debt instrument was denominated in U.S. Dollars, featuring a fixed annual interest rate of 9.25% with coupon payments disbursed semi-annually, reflecting a payment frequency of two times per year. The total size of the bond issuance amounted to $625,000 USD, with a minimum purchase increment set at $1,000 USD; prior to its maturity, the bond was observed trading on the market at a price of 102.14% of its par value. Crucially, this bond reached its scheduled maturity date on June 21, 2021, and has since been fully repaid, concluding its lifecycle as a financial obligation.