Bond Montreal Bank 0% ( US06375M5V38 ) in USD
Issuer | Montreal Bank |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 07/11/2024 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Cusip | 06375M5V3 |
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. An analysis of recent financial instrument activity highlights the maturity and successful redemption of a specific bond issued by the Bank of Montreal (BMO), a distinguished global financial institution. Headquartered in Montreal, Quebec, Canada, Bank of Montreal stands as one of the largest banks in North America, offering a comprehensive suite of banking, wealth management, and capital markets products and services to over 12 million customers worldwide. This particular debt instrument, identified by its ISIN code US06375M5V38 and CUSIP 06375M5V3, was a U.S. dollar-denominated obligation issued under Canadian jurisdiction. Key characteristics included a stated interest rate of 0% and a semi-annual payment frequency, leading up to its scheduled maturity date of November 7, 2024. Prior to its maturity, the bond was observed trading at 100% of its par value on the market. Importantly, as of its maturity date, this bond has been fully redeemed, returning the principal value to its investors and thereby completing its lifecycle within the fixed-income market. |