Bond Montreal Bank 0% ( US06374VQ740 ) in USD

Issuer Montreal Bank
Market price 110.65 %  ⇌ 
Country  Canada
ISIN code  US06374VQ740 ( in USD )
Interest rate 0%
Maturity 06/01/2025 - Bond has expired



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Cusip 06374VQ74
Moody's rating Aa2 ( High grade - Investment-grade )
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 instrument, identified by ISIN US06374VQ740 and CUSIP 06374VQ74, was a bond issued by the Bank of Montreal, a prominent Canadian multinational investment bank and financial services company headquartered in Montreal and Toronto, recognized as one of Canada's "Big Five" banks with a long-standing history dating back to 1817, known for its robust financial position and diverse global operations; denominated in USD, this obligation, which had a 0% interest rate, an original maturity date of January 6, 2025, and a specified payment frequency of two, has successfully reached its maturity and been fully redeemed, having been previously quoted at a market price of 110.65% and holding an Aa2 credit rating from Moody's.