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ItalianoBond CBIC 0% ( CA13607HUM29 ) in CAD
| Issuer | CBIC |
| Market price | 100 % ⇌ |
| Country |  Canada
|
| ISIN code |
 CA13607HUM29 ( in CAD )
|
| Interest rate | 0% |
| Maturity | 10/06/2024 - 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 | 1 500 000 000 CAD |
| Cusip | 13607HUM2 |
| 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. A recently matured debt instrument, identified by ISIN CA13607HUM29 and CUSIP 13607HUM2, was an obligation issued in Canadian Dollars by the Canadian Imperial Bank of Commerce (CIBC), a prominent financial institution based in Canada, which has now concluded its lifecycle, having reached its maturity date on June 10, 2024, and subsequently been redeemed; this specific bond, part of a substantial CAD 1,500,000,000 issuance with a minimum purchase threshold of CAD 1,000 and notably characterized by a 0% stated interest rate, has been fully reimbursed to investors at its par value, as reflected by its final market price of 100%. |