Bond Canadian Imperial Bank 0% ( US78014K2794 ) in USD
Issuer | Canadian Imperial Bank |
Market price | 11.41 % ▼ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 0% |
Maturity | 31/01/2022 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 1 000 USD |
Total amount | 5 401 000 USD |
Cusip | 78014K279 |
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 prominent Canadian multinational banking and financial services company headquartered in Toronto, served as the issuer for a specific USD-denominated zero-coupon bond, identifiable by ISIN US78014K2794 and CUSIP 78014K279, originating from Canada. Despite a stated payment frequency of 2, this bond paid no periodic interest, with its return embedded in the discount at which it was initially purchased; it had a total issue size of 5,401,000 units and a minimum purchase size of 1,000 units. While actively traded, this obligation was recorded at a market price of 11.41% at a certain point, reflecting its valuation during its lifecycle before it reached its maturity date on January 31, 2022, at which time it was fully repaid and its lifecycle concluded. |