Bond Montreal Bank 0% ( US06369NGW56 ) in USD

Issuer Montreal Bank
Market price 57.83 %  ⇌ 
Country  Canada
ISIN code  US06369NGW56 ( in USD )
Interest rate 0%
Maturity 25/04/2025 - Bond has expired



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Cusip 06369NGW5
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 recent financial instrument activity reveals the conclusion of a specific debt obligation issued by the Bank of Montreal (BMO), one of Canada's foremost and oldest financial institutions, established in 1817 and operating extensively across North America and globally in personal and commercial banking, wealth management, and capital markets. This particular bond, identified by its ISIN US06369NGW56 and CUSIP 06369NGW5, was denominated in USD and issued from Canada. Notably structured as a zero-coupon instrument, as indicated by its 0% interest rate, it therefore did not involve semi-annual coupon payments despite a reported frequency of 2. While originally slated for maturity on April 25, 2025, this bond has officially reached its maturity and subsequently been fully repaid, confirming the complete discharge of its obligations. Prior to its repayment, the instrument was observed trading on the secondary market at a price of 57.83% of its nominal value. The successful repayment of this bond underscores the Bank of Montreal's commitment to meeting its financial obligations and effectively managing its debt portfolio.