Bond ScotiaBank 0% ( US06417LMV61 ) in USD

Issuer ScotiaBank
Market price 100 %  ⇌ 
Country  Canada
ISIN code  US06417LMV61 ( in USD )
Interest rate 0%
Maturity 03/09/2020 - Bond has expired



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Minimal amount 1 000 USD
Total amount 150 000 000 USD
Cusip 06417LMV6
Detailed description The Bank of Nova Scotia, also known as Scotiabank, is a multinational banking and financial services corporation headquartered in Toronto, Canada, with a significant international presence focusing on the Americas and select Asian markets.

The Bank of Nova Scotia, a prominent Canadian financial institution, recently confirmed the maturity and subsequent full redemption of its US-denominated bond, identified by ISIN US06417LMV61 and CUSIP 06417LMV6. This debt instrument, issued from Canada, was part of a total offering size of USD 150,000,000, with a minimum investment denomination of USD 1,000. Characterized by a 0% interest rate, the bond was structured as a zero-coupon instrument, meaning investors did not receive periodic interest payments but typically acquired the bond at a discount, realizing their return upon redemption at its full face value. The bond reached its scheduled maturity date on September 3, 2020, at which point it was redeemed at 100% of its principal value, concluding its lifecycle within the market.