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 overview of the bond identified by ISIN US13605WPK17 (CUSIP: 13605WPK1) reveals its issuance by the Canadian Imperial Bank of Commerce (CIBC), a leading Canadian financial institution with a strong market presence. This USD-denominated fixed-income instrument, originating from Canada, was characterized as a zero-coupon bond with a 0% interest rate, and a total issuance volume of 1,199,000 units, each with a minimum purchase increment of 1,000. The bond matured on February 9, 2021, and has since been fully redeemed, reflecting a repayment at 100% of its face value, thus completing its life cycle in the financial markets.
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