Français
ItalianoBond Bank of Montreal 8.7% ( US06367WUB70 ) in USD
| Issuer | Bank of Montreal | ||||||||||
| Market price | 100.00 % ⇌ | ||||||||||
| Country |  Canada
|
||||||||||
| ISIN code |
 US06367WUB70 ( in USD )
|
||||||||||
| Interest rate | 8.7% per year ( payment 2 times a year) | ||||||||||
| Maturity | 26/02/2021 - Bond has expired | ||||||||||
|
Prospectus brochure in PDF format |
|||||||||||
| Minimal amount | 1 000 USD | ||||||||||
| Total amount | 896 000 USD | ||||||||||
| Cusip | 06367WUB7 | ||||||||||
| 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. A detailed examination of the Bank of Montreal (BMO) bond, identified by ISIN US06367WUB70 and CUSIP 06367WUB7, highlights the successful lifecycle of a debt security issued by one of Canada's oldest and largest financial institutions, headquartered in Canada with a significant presence across North America. This particular USD-denominated fixed-income instrument carried a notable coupon rate of 8.7%, with interest payments distributed on a semi-annual basis. The total principal amount of the issuance reached $896,000,000, structured with a minimum purchase size of $1,000 per unit. Crucially, the bond successfully matured on February 26, 2021, and was subsequently fully redeemed at its principal value of 100%, indicating a complete and timely repayment to bondholders. |
||||||||||
| |||||||||||