Bond CBIC 4.2% ( CA13607HR792 ) in CAD

Issuer	CBIC
Market price	100 % ⇌
Country	Canada
ISIN code	CA13607HR792 ( in CAD )
Interest rate	4.2% per year ( payment 2 times a year)
Maturity	06/04/2032
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Minimal amount	1 000 CAD
Total amount	1 000 000 000 CAD
Cusip	13607HR79
Next Coupon	07/04/2026 ( In 159 days )
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. Market participants are currently observing a Canadian Dollar (CAD) denominated bond, identifiable by ISIN CA13607HR792 and CUSIP 13607HR79, issued by CIBC, a prominent Canadian chartered bank and a key player in global financial services originating from Canada, which offers a 4.2% coupon rate, features semi-annual interest payments, and matures on April 6, 2032, with the current market price standing at 100% of its par value for this issuance totaling CAD 1,000,000,000, available for investment with a minimum purchase size of CAD 1,000.