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ItalianoBond CBIC 0% ( CA13596ZUB98 ) in CAD
| Issuer | CBIC |
| Market price | 100 % ⇌ |
| Country |  Canada
|
| ISIN code |
 CA13596ZUB98 ( in CAD )
|
| Interest rate | 0% |
| Maturity | 28/01/2019 - 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 CAD |
| Total amount | 125 000 000 CAD |
| Cusip | 13596ZUB9 |
| Detailed description |
CIBC is a leading North American financial institution offering a wide range of financial products and services to personal and business clients, including banking, wealth management, and capital markets. This financial article details a specific bond issuance from the Canadian Imperial Bank of Commerce (CIBC), a prominent Canadian financial institution and one of the country's "Big Five" banks known for its comprehensive range of banking and financial services, identified by ISIN CA13596ZUB98 and CUSIP 13596ZUB9, which, having been issued in Canada with a total size of CAD 125,000,000 and a minimum purchase threshold of CAD 1,000, was characterized by a 0% interest rate, indicating its nature as a zero-coupon instrument, traded at 100% of its face value, and successfully reached its maturity on January 28, 2019, at which point the principal was fully redeemed following its single payment frequency. |