Bond CBIC 0% ( US13605WEG24 ) in USD
Issuer | CBIC |
Market price | 99.138 % ▼ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 28/07/2022 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 2 000 000 USD |
Cusip | 13605WEG2 |
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. An analysis of a specific financial instrument reveals details concerning a bond, identified by ISIN US13605WEG24 and CUSIP 13605WEG2, which was issued by the Canadian Imperial Bank of Commerce (CIBC), a leading Canada-based global financial institution; this USD-denominated obligation, originating from Canada with a total issue size of $2,000,000 and a minimum purchase increment of $1,000, featured a 0% interest rate and a payment frequency of two, while its last reported market price stood at 99.138% prior to its maturity on July 28, 2022, at which point it was fully repaid and redeemed. |