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ItalianoBond Montreal Bank 15% ( US06367WNX73 ) in USD
| Issuer | Montreal Bank |
| Market price | 49.506 % ▼ |
| Country |  Canada
|
| ISIN code |
 US06367WNX73 ( in USD )
|
| Interest rate | 15% per year ( payment 2 times a year) |
| Maturity | 30/11/2020 - 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 | 2 048 000 USD |
| Cusip | 06367WNX7 |
| 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. The financial instrument, identified as a bond with ISIN US06367WNX73 and CUSIP 06367WNX7, was issued by the Bank of Montreal, a prominent financial institution headquartered in Canada, established in 1817 as the country's first bank and now operating as a major North American investment bank and financial services provider. This particular fixed-income security, denominated in USD, featured a robust annual interest rate of 15%, with interest payments disbursed semi-annually (a frequency of 2). The total initial offering size for this issuance amounted to USD 2,048,000, with a minimum investment threshold set at USD 1,000 per purchase. While its historical market trading indicated a price of 49.506% at a certain point, reflecting market conditions prior to its maturity, it is critical to note that this bond reached its maturity date on November 30, 2020, and has subsequently been fully redeemed, extinguishing all outstanding obligations and concluding its lifecycle within the capital markets. |