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ItalianoBond Montreal Bank 0% ( US06374VU205 ) in USD
| Issuer | Montreal Bank |
| Market price | 100 % ▲ |
| Country |  Canada
|
| ISIN code |
 US06374VU205 ( in USD )
|
| Interest rate | 0% |
| Maturity | 05/07/2024 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 1 249 000 USD |
| Cusip | 06374VU20 |
| 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 US06374VU205 and CUSIP 06374VU20, is a bond issued by Bank of Montreal. Bank of Montreal (BMO), a prominent Canadian multinational investment bank and financial services company headquartered in Montreal, Quebec, is one of Canada's largest banks, providing a comprehensive range of financial services including retail banking, wealth management, and capital markets globally. Denominated in USD and issued from Canada, this bond had a reported coupon rate of 0%, with a total issue size of $1,249,000 and a minimum purchase size of $1,000. It reached its scheduled maturity on July 5, 2024, at which point it was redeemed at 100% of its face value, thereby fulfilling the issuer's obligations. While a payment frequency of 2 was specified, for a zero-coupon instrument, this typically refers to other structural aspects rather than recurring interest distributions, as the principal repayment occurs solely at maturity. |