Bond Montreal Bank 0% ( US06374VPK60 ) in USD

Issuer	Montreal Bank
Market price	106.47 % ⇌
Country	Canada
ISIN code	US06374VPK60 ( in USD )
Interest rate	0%
Maturity	31/03/2028
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Minimal amount	/
Total amount	/
Cusip	06374VPK6
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 informative review of a specific fixed-income instrument reveals details of a bond issued by the Bank of Montreal (BMO), one of Canada's largest and most diversified financial services institutions, offering a wide range of personal and commercial banking, wealth management, and capital markets products and services globally. This particular bond, identified by ISIN US06374VPK60 and CUSIP 06374VPK6, is denominated in US Dollars (USD) and originates from Canada, carrying a distinctive 0% interest rate, classifying it as a zero-coupon bond. Investors purchasing this security will not receive periodic coupon payments, with the return instead derived from the difference between the purchase price and the bond's face value upon its maturity on March 31, 2028. As of the latest market data, this bond is trading at 106.47% of its par value, reflecting its current market valuation and the prevailing yield environment for this specific Canadian-issued debt.