Bond Montreal Bank 0% ( US06374V4U75 ) in USD

Issuer Montreal Bank
Market price 100 %  ▲ 
Country  Canada
ISIN code  US06374V4U75 ( in USD )
Interest rate 0%
Maturity 06/09/2024 - Bond has expired



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Cusip 06374V4U7
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 specific fixed-income instrument, identified by ISIN US06374V4U75 and CUSIP 06374V4U7, has recently concluded its lifecycle, having matured and been subsequently redeemed. This bond, denominated in USD, was issued by the Bank of Montreal (BMO), one of Canada's largest and most established financial institutions, renowned for its diversified services across retail banking, wealth management, and capital markets. Originating from Canada, the instrument was characterized by a 0% interest rate, indicating a zero-coupon structure, and while its standard payment frequency was designated as semi-annual, no regular coupon payments were disbursed due to its 0% yield; at its maturity date of September 6, 2024, the bond was repaid at 100% of its principal value, confirming full settlement to bondholders.