Bond Montreal Bank 0% ( US06374VXV34 ) in USD

Issuer Montreal Bank
Market price 122.25 %  ▲ 
Country  Canada
ISIN code  US06374VXV34 ( in USD )
Interest rate 0%
Maturity 25/07/2025 - Bond has expired



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Cusip 06374VXV3
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.

A notable fixed-income instrument under current market observation is a zero-coupon bond issued by Bank of Montreal, a globally recognized, diversified financial services institution and one of Canada's oldest and largest banks. This specific U.S. dollar-denominated debt security, originating from Canada and identified by ISIN US06374VXV34 and CUSIP 06374VXV3, currently trades on the market at 122.25% of its face value. With a 0% stated interest rate, it pays no periodic coupons, making the "frequency of payment" (stated as 2) an irrelevant metric for interest distribution, as investors' return is derived from the difference between its purchase price and its par value at maturity on July 25, 2025.