Bond Montreal Bank 0% ( US06374VFM37 ) in USD

Issuer Montreal Bank
Market price 118.02 %  ⇌ 
Country  Canada
ISIN code  US06374VFM37 ( in USD )
Interest rate 0%
Maturity 28/06/2024 - Bond has expired



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Cusip 06374VFM3
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 report details a specific fixed-income security issued by the Bank of Montreal, a leading Canadian financial institution established in 1817, recognized as one of North America's oldest and largest diversified financial service providers with operations spanning personal and commercial banking, wealth management, and capital markets globally. The bond, identified by ISIN US06374VFM37 and CUSIP 06374VFM3, originated from Canada and was denominated in U.S. Dollars (USD); its key specifications included a stated coupon rate of 0%, which, notably, coexisted with a listed payment frequency of two times per year (semi-annual), typically associated with interest-bearing obligations. The instrument's observed market price prior to its maturity was recorded at 118.02% of its par value, and it reached its maturity date on June 28, 2024, on which date the bond was fully redeemed, concluding its lifecycle in the financial markets.