Bond Montreal Bank 0% ( US06369EAQ44 ) in USD

Issuer	Montreal Bank
Market price	100 % ▲
Country	Canada
ISIN code	US06369EAQ44 ( in USD )
Interest rate	0%
Maturity	07/10/2025
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	2 000 000 USD
Cusip	06369EAQ4
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 financial instrument is identified as a bond with ISIN US06369EAQ44 and CUSIP 06369EAQ4, issued by the Bank of Montreal. The Bank of Montreal, commonly referred to as BMO, stands as one of Canada's oldest and largest financial institutions, founded in 1817, providing a comprehensive array of retail banking, wealth management, and capital markets services to individuals, businesses, and institutions across North America and globally, making it a prominent issuer in the financial markets. This particular bond, issued from Canada and denominated in USD, is currently trading on the market at 100% of its face value. A key characteristic of this security is its 0% interest rate, identifying it as a zero-coupon bond where, typically, investor returns are generated from the difference between a discounted purchase price and its full face value at maturity; however, with a current market price at par, this implies a 0% yield to maturity for investors holding the bond from this price until its scheduled maturity date of October 7, 2025. The total volume of this issue amounts to USD 2,000,000, with a minimum investment threshold set at USD 1,000.