Bond Canadian Imperial Bank 2.3% ( US78008TLB88 ) in USD

Issuer	Canadian Imperial Bank
Market price	100 % ▲
Country	Canada
ISIN code	US78008TLB88 ( in USD )
Interest rate	2.3% per year ( payment 2 times a year)
Maturity	19/07/2016 - Bond has expired
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Detailed description	The Royal Bank of Canada (RBC) is a Canadian multinational financial services company offering personal and commercial banking, wealth management, insurance, and investment banking services globally. This article provides a detailed overview of a specific fixed-income instrument, an obligation identified by the ISIN code US78008TLB88, issued by the Royal Bank of Canada. The Royal Bank of Canada, headquartered in Canada, stands as one of the largest and most prominent financial services institutions globally, offering a wide array of banking, wealth management, insurance, investor services, and capital markets products to millions of clients worldwide. This particular bond was denominated in United States Dollars (USD) and featured an annual interest rate of 2.3%, with coupon payments disbursed semi-annually, reflecting a frequency of two payments per year. Its original maturity date was established as July 19, 2016, with its country of issuance being Canada. Historically, this obligation was observed trading at its par value, indicated by a market price of 100%. As of its stipulated maturity date on July 19, 2016, this bond has successfully reached the end of its term and has subsequently been fully redeemed, with principal repaid to its holders.