Bond CBIC 0% ( US136071DY03 ) in USD
Issuer | CBIC |
Market price | 9.63 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 13/02/2025 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 000 USD |
Total amount | 5 376 530 USD |
Cusip | 136071DY0 |
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 examination of the financial landscape reveals details concerning a recently matured bond, identified by its ISIN US136071DY03 and CUSIP 136071DY0. This debt instrument was issued by the Canadian Imperial Bank of Commerce (CIBC), a leading Canadian multinational banking and financial services corporation headquartered in Toronto, Canada, and recognized as one of the nation's "Big Five" banks, offering a comprehensive range of financial products and services globally. The bond, denominated in United States Dollars (USD), represented a total issuance size of $5,376,530, with a specified minimum purchase size of $1,000. A key feature of this particular bond was its zero-coupon structure, reflected by a stated interest rate of 0%, signifying that it did not provide periodic interest payments throughout its lifecycle; despite a listed payment frequency of 2, standard coupon payments were not applicable for this instrument. The bond was scheduled to reach its designated maturity date on February 13, 2025. Although a market price of 9.63% was recorded at a specific point in its lifecycle, reflecting its valuation, the bond has since fully matured and has been redeemed. |