Bond ScotiaBank 0% ( US06417LMV61 ) in USD
Issuer | ScotiaBank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 03/09/2020 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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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. |