Bond Canadian Imperial Bank 0% ( US78015KNW08 ) in USD
Issuer | Canadian Imperial Bank |
Market price | 99.4 % ▼ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 0% |
Maturity | 02/02/2023 - 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 | 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. |