Bond Montreal Bank 0% ( US06374VS498 ) in USD

Issuer	Montreal Bank
Market price	100 % ▲
Country	Canada
ISIN code	US06374VS498 ( in USD )
Interest rate	0%
Maturity	20/04/2026
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Minimal amount	/
Total amount	/
Cusip	06374VS49
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 US06374VS498 and CUSIP 06374VS49, represents a bond issued by the Bank of Montreal, a prominent Canadian multinational investment bank and financial services company. Originating from Canada, the country of issuance, this USD-denominated debt security is presently quoted at 100% of its nominal value in the market. Set to mature on April 20, 2026, the bond features a stated interest rate of 0% and indicates a payment frequency of 2, which is typically associated with semi-annual disbursements, a detail that presents an unusual characteristic for a non-interest-bearing instrument and would require further examination regarding its precise yield mechanics.