Bond Canadian Imperial Bank 0% ( US78013XFS27 ) in USD
Issuer | Canadian Imperial Bank |
Market price | 148.28 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 28/02/2023 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 759 000 USD |
Cusip | 78013XFS2 |
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 financial article details a specific bond issuance, identified by ISIN US78013XFS27 (CUSIP: 78013XFS2), by the Royal Bank of Canada (RBC), a leading global financial institution headquartered in Canada and recognized as one of the world's largest banks by market capitalization. The obligation, denominated in USD, represented a total issue size of 759,000 units with a minimum purchase size of 1,000 units. Structured as a zero-coupon instrument with a stated interest rate of 0, the bond reached its maturity on February 28, 2023, and has since been fully redeemed. While its historical market price prior to redemption was recorded at 148.28%, investors received the bond's face value upon its scheduled maturity. |