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.
Canadian Imperial Bank of Commerce (CIBC), a prominent Canadian multinational banking and financial services corporation, issued a USD-denominated bond (ISIN: US13605WTW19, CUSIP: 13605WTW1) originating from Canada. This debt instrument, bearing a fixed interest rate of 2.05% with semi-annual payment frequency, comprised a total issue size of USD 3,000,000 and featured a minimum purchase increment of USD 1,000. While its market price was noted at 100% of par, the bond reached its maturity on December 5, 2022, and has subsequently been fully redeemed.
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