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ItalianoBond Montreal Bank 0% ( US06374VDN38 ) in USD
| Issuer | Montreal Bank |
| Market price | 99.18 % ⇌ |
| Country |  Canada
|
| ISIN code |
 US06374VDN38 ( in USD )
|
| Interest rate | 0% |
| Maturity | 02/01/2024 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| Cusip | 06374VDN3 |
| 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 recent financial update confirms the successful maturity and reimbursement of a specific debt instrument issued by the Bank of Montreal. This particular USD-denominated bond, identified by ISIN US06374VDN38 and CUSIP 06374VDN3, reached its maturity date on January 2, 2024, and has subsequently been fully repaid to its holders. The Bank of Montreal, a leading Canadian multinational investment bank and financial services company, is recognized as one of Canada's "Big Five" banks; founded in 1817, it provides a comprehensive array of banking, wealth management, and capital markets products and services globally, underscoring its significant presence in the financial sector. The bond was characterized by a 0% coupon rate and a specified payment frequency of 2, implying that its yield was primarily derived from the discount at which it was purchased relative to its par value at redemption, as it paid no periodic interest. Prior to its maturity, the bond was last observed trading on the market at approximately 99.18% of its face value. With its successful reimbursement, this obligation has concluded its lifecycle, demonstrating the issuer's orderly fulfillment of its financial commitments. |