Bond Canadian Imperial Bank 0% ( US78015KZU14 ) in USD

Issuer Canadian Imperial Bank
Market price 101.75 %  ▲ 
Country  Canada
ISIN code  US78015KZU14 ( in USD )
Interest rate 0%
Maturity 31/08/2023 - Bond has expired



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Minimal amount 1 000 USD
Total amount 4 800 000 USD
Cusip 78015KZU1
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.

A detailed examination of the US-denominated bond, identified by ISIN US78015KZU14 and CUSIP 78015KZU1, issued from Canada by the Royal Bank of Canada, a leading Canadian financial institution, reveals that this zero-coupon instrument, with an original issue size of USD 4,800,000 and a minimum purchase threshold of USD 1,000, which had previously traded at 101.75% of its par value, reached its maturity on August 31, 2023, and has since been fully reimbursed to investors.