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ItalianoBond CBIC 0% ( US13605WUG40 ) in USD
| Issuer | CBIC |
| Market price | 100 % ⇌ |
| Country |  Canada
|
| ISIN code |
 US13605WUG40 ( in USD )
|
| Interest rate | 0% |
| Maturity | 13/01/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 13 752 000 USD |
| Cusip | 13605WUG4 |
| Standard & Poor's ( S&P ) rating | N/A |
| Moody's rating | N/A |
| 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. This financial article details a specific matured debt instrument, identified by its ISIN US13605WUG40 and CUSIP 13605WUG4, which was issued by the Canadian Imperial Bank of Commerce (CIBC). As one of Canada's "Big Five" banks, CIBC is a globally recognized financial institution headquartered in Toronto, offering a comprehensive suite of banking, wealth management, and capital markets services to over 11 million clients worldwide, demonstrating its significant presence in the global financial landscape. Originating from Canada and denominated in USD, this particular bond, with a total issuance size of $13,752,000 and a minimum purchase denomination of $1,000, was a zero-coupon security, meaning it bore a 0% interest rate and did not provide periodic interest payments to bondholders. This bond reached its scheduled maturity date on January 13, 2022, and was subsequently redeemed at 100% of its face value, confirming its successful repayment to investors upon expiration. |