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ItalianoBond Canadian Imperial Bank 3.25% ( US78014RAC43 ) in USD
| Issuer | Canadian Imperial Bank |
| Market price | 100 % ⇌ |
| Country |  Canada
|
| ISIN code |
 US78014RAC43 ( in USD )
|
| Interest rate | 3.25% per year ( payment 2 times a year) |
| Maturity | 18/05/2023 - 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 | 1 545 000 USD |
| Cusip | 78014RAC4 |
| Standard & Poor's ( S&P ) rating | N/A |
| Moody's rating | N/A |
| 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. An analysis of the debt instrument identified by ISIN US78014RAC43 and CUSIP 78014RAC4 reveals its issuance by the Royal Bank of Canada (RBC), a leading global financial institution headquartered in Canada. As one of North America's largest and most diversified financial services companies, RBC's extensive operations span personal and commercial banking, wealth management, insurance, investor services, and capital markets, reflecting its strong credit profile and strategic position within the financial industry. This specific bond, denominated in United States Dollars (USD), featured an annual coupon rate of 3.25%, with interest payments scheduled semi-annually. The total issuance volume for this security was $1,545,000, and it was structured with a minimum purchase increment of $1,000. Originally slated for maturity on May 18, 2023, the bond has since reached its full term and has been successfully redeemed by the issuer, with its final market value reflecting its par redemption at 100% of its face value, thereby concluding its term as an outstanding financial liability for RBC. |