Bond Montreal Bank 0% ( US06375M6T72 ) in USD
Issuer | Montreal Bank |
Market price | ![]() |
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ISIN code |
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Interest rate | 0% |
Maturity | 24/08/2026 |
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Minimal amount | / |
Total amount | / |
Cusip | 06375M6T7 |
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 overview examines a specific zero-coupon bond, identified by ISIN US06375M6T72 and CUSIP 06375M6T7, issued by the Bank of Montreal, a historically significant Canadian financial institution established in 1817 and recognized as one of the nation's "Big Five" banks with a robust North American presence, whereby this USD-denominated debt instrument, originating from Canada, is presently valued at 100% of its par value and is set to mature on August 24, 2026, inherently designed to provide investors with its full principal at expiration rather than periodic interest payments, consistent with its 0% interest rate structure. |