Bond Montreal Bank 5.5% ( US06374VCA26 ) in USD

Issuer	Montreal Bank
Market price	98.8 % ⇌
Country	Canada
ISIN code	US06374VCA26 ( in USD )
Interest rate	5.5% per year ( payment 2 times a year)
Maturity	19/12/2025
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Minimal amount	1 000 USD
Total amount	7 000 000 USD
Cusip	06374VCA2
Moody's rating	A2 ( Upper medium grade - Investment-grade )
Next Coupon	19/12/2025 ( In 138 days )
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 analysis centers on a bond issued by the Bank of Montreal, identified by ISIN US06374VCA26 and CUSIP 06374VCA2. Established in 1817, the Bank of Montreal is one of Canada's oldest and largest financial institutions, operating as a highly diversified global financial services provider with a significant presence across North America, offering comprehensive personal and commercial banking, wealth management, and capital markets services. This specific fixed-income instrument, issued from Canada and denominated in USD, features a 5.5% coupon rate, has a total issue size of $7,000,000, is currently trading at 98.8% of its par value, and matures on December 19, 2025, with interest payments distributed semi-annually, while being available for a minimum purchase of $1,000 and boasting a credit quality affirmed by a Moody's rating of A2.