Bond Montreal Bank 0% ( US06374VZY54 ) in USD

Issuer	Montreal Bank
Market price	100 % ▲
Country	Canada
ISIN code	US06374VZY54 ( in USD )
Interest rate	0%
Maturity	20/07/2026
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Minimal amount	/
Total amount	/
Cusip	06374VZY5
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 noteworthy debt instrument issued by the Bank of Montreal, one of Canada's leading financial institutions, has been identified for market analysis. This bond, identified by ISIN US06374VZY54 and CUSIP 06374VZY5, is denominated in US Dollars. Bank of Montreal, established in 1817, stands as the oldest Canadian bank and a prominent global financial services provider, offering a comprehensive range of personal and commercial banking, wealth management, and capital markets solutions worldwide. The bond carries a 0% interest rate and, despite a listed payment frequency of two times per year, this indicates no periodic coupon distributions. Its maturity date is set for July 20, 2026. The instrument is currently quoted on the market at 100% of its par value, reflecting a zero yield to maturity for investors holding the bond until its redemption.