Bond Montreal Bank 0% ( US06374VQ740 ) in USD
Issuer | Montreal Bank |
Market price | 110.65 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 06/01/2025 - Bond has expired |
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Minimal amount | / |
Total amount | / |
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. |