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ItalianoBond Montreal Bank 9.7% ( US06367WNS88 ) in USD
| Issuer | Montreal Bank |
| Market price | 98.47 % ▼ |
| Country |  Canada
|
| ISIN code |
 US06367WNS88 ( in USD )
|
| Interest rate | 9.7% per year ( payment 2 times a year) |
| Maturity | 26/10/2020 - 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 | 1 046 000 USD |
| Cusip | 06367WNS8 |
| 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. An analysis of fixed-income instruments reveals the profile of a specific bond issued by the Bank of Montreal, a prominent Canadian multinational investment bank and financial services company. Founded in 1817 as the first bank in Canada, Bank of Montreal (BMO) has grown to become one of the nation's "Big Five" banks, offering a comprehensive suite of banking, wealth management, and capital markets products and services to over 12 million customers across the globe, distinguishing itself with a strong credit rating and a long history of financial stability. This particular debt instrument, identified by ISIN US06367WNS88 and CUSIP 06367WNS8, was a bond denominated in USD, originally issued by Bank of Montreal from Canada. With a notable fixed annual interest rate of 9.7% and a total issuance size of USD 1,046,000, the bond was structured with a minimum purchase size of USD 1,000 and featured a payment frequency of two times per year, indicating semi-annual coupon distributions. While historical market data indicated a trading price of 98.47% for this security, it is important to note that this bond reached its maturity date on October 26, 2020, and has subsequently been fully repaid to its bondholders. |