Bond Canadian Imperial Bank 0% ( US78013XB984 ) in USD

Issuer Canadian Imperial Bank
Market price 111.86 %  ▲ 
Country  Canada
ISIN code  US78013XB984 ( in USD )
Interest rate 0%
Maturity 01/09/2022 - Bond has expired



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Minimal amount 1 000 USD
Total amount 1 007 000 USD
Cusip 78013XB98
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.

The Royal Bank of Canada, a leading global financial institution and Canada's largest bank by market capitalization, issued a specific bond (ISIN: US78013XB984, CUSIP: 78013XB98) from Canada, denominated in USD, with a total issue size of $1,007,000 and a minimum purchase increment of $1,000; this zero-coupon instrument, characterized by a 0% interest rate indicating no periodic interest payments despite a reported payment frequency of 2, reached its maturity on September 1, 2022, and was subsequently redeemed, having been noted to trade at a final market price of 111.86%.