Bond Montreal Bank 0% ( XS2566282526 ) in GBP
Issuer | Montreal Bank |
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ISIN code |
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Interest rate | 0% |
Maturity | 14/12/2025 |
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Minimal amount | / |
Total amount | / |
Detailed description |
Bank of Montreal (BMO) is a major Canadian multinational bank offering a wide range of financial services including personal and commercial banking, wealth management, and investment banking, operating across North America and internationally. This financial analysis focuses on a specific bond instrument, identified by its ISIN code XS2566282526, issued by the Bank of Montreal, a cornerstone of the Canadian financial landscape. Established in 1817, Bank of Montreal (BMO) is renowned as one of Canada's oldest and largest financial institutions, offering a comprehensive suite of banking, wealth management, and capital markets services across North America and select global regions, thus holding a significant position within the international financial ecosystem. This particular bond, denominated in Great British Pounds (GBP), currently commands a market price of 100% of its nominal value and is characterized by a 0% interest rate, a feature typical of zero-coupon bonds where the investment return is inherently linked to the difference between the acquisition price and the full principal repayment at maturity rather than recurring coupon payments. With a defined maturity date of December 14, 2025, and a payment frequency indicated as one, this bond is structured to return its principal value to the investor upon reaching its maturity, making it a pertinent option for portfolios prioritizing capital preservation over periodic income streams as it approaches its relatively near-term expiration. |