Bond Canadian Imperial Bank 0% ( US78015KNW08 ) in USD

Issuer Canadian Imperial Bank
Market price 99.4 %  ▼ 
Country  Canada
ISIN code  US78015KNW08 ( in USD )
Interest rate 0%
Maturity 02/02/2023 - Bond has expired



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Minimal amount 1 000 USD
Total amount 328 000 USD
Cusip 78015KNW0
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 instrument, identified by ISIN US78015KNW08 and CUSIP 78015KNW0, was a USD-denominated bond issued by the Royal Bank of Canada, a prominent Canadian-based, diversified financial services company and one of the largest banks in the country; with a total issue size of $328,000 and a minimum purchase size of $1,000, this zero-coupon bond carried a 0% interest rate, meaning no periodic interest disbursements were made despite a specified payment frequency of 2, and traded at 99.4% of its face value prior to its maturity; on February 2, 2023, the obligation reached its maturity date and was fully redeemed, concluding its lifecycle as a financial asset.