Bond CBIC 0% ( US13605WEG24 ) in USD

Issuer CBIC
Market price 99.138 %  ▼ 
Country  Canada
ISIN code  US13605WEG24 ( in USD )
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.