Bond Montreal Bank 0% ( US06374VY678 ) in USD

Issuer Montreal Bank
Market price 100 %  ⇌ 
Country  Canada
ISIN code  US06374VY678 ( in USD )
Interest rate 0%
Maturity 30/06/2025 - Bond has expired



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Cusip 06374VY67
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 bond, identified by ISIN US06374VY678 and CUSIP 06374VY67, was issued by Bank of Montreal, a venerable and significant Canadian financial institution established in 1817, renowned for its extensive global operations and comprehensive financial services; this particular USD-denominated instrument, characterized by a 0% interest rate rendering it a zero-coupon bond with no interest payments despite a listed semi-annual frequency, had maintained a market price of 100% of its face value; reaching its scheduled maturity on June 30, 2025, the bond has since been fully redeemed and repaid, thereby concluding Bank of Montreal's obligation concerning this specific issuance.