Bond Canadian Imperial Bank 3% ( US78012KHP57 ) in USD
Issuer | Canadian Imperial Bank |
Market price | 99.6 % ▼ |
Country | ![]() |
ISIN code |
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Interest rate | 3% per year ( payment 2 times a year) |
Maturity | 28/03/2024 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 4 000 000 USD |
Cusip | 78012KHP5 |
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. A recently matured debt instrument, identified by ISIN US78012KHP57 and CUSIP 78012KHP5, was successfully redeemed by its issuer, the Royal Bank of Canada (RBC), a prominent Canadian multinational financial services company headquartered in Toronto, Canada. This specific bond, denominated in USD, carried a fixed annual coupon rate of 3%, disbursed semi-annually. The total issuance volume for this series amounted to $4,000,000, with a minimum purchase increment set at $1,000, and had historically traded on the market at approximately 99.6% of its par value prior to its redemption. Investors in this bond, which originated from Canada, received their principal repayment on the designated maturity date of March 28, 2024, marking the complete fulfillment of the issuer's obligation. |