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Bond CIBC 3.5% ( US13607RAD26 ) in USD

Issuer	CIBC
Market price	100 %  ▲
Country	Canada
ISIN code	US13607RAD26 ( in USD )
Interest rate	3.5% per year ( payment 2 times a year)
Maturity	09/13/2023 - Bond has expired
Minimal amount	2 000 USD
Total amount	1 000 000 000 USD
Cusip	13607RAD2
Standard & Poor's ( S&P ) rating	A+ ( Upper medium grade - Investment-grade )
Moody's rating	Aa2 ( High grade - Investment-grade )
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. The bond identified by ISIN US13607RAD26 (CUSIP: 13607RAD2), issued by Canadian Imperial Bank of Commerce (CIBC), a prominent global financial institution headquartered in Canada, successfully matured and was fully repaid on September 13, 2023. This U.S. dollar-denominated debt instrument, which originally represented a total issuance of $1,000,000,000, carried an annual interest rate of 3.5% distributed semi-annually. Throughout its duration, the bond maintained strong credit ratings, assessed as A+ by Standard & Poor's and Aa2 by Moody's, indicative of the issuer's robust financial standing prior to the scheduled repayment of principal.
Date Clean price 08/07/2024 100.00% 08/20/2023 99.97% 07/27/2023 99.69% 07/04/2023 99.44% 06/10/2023 99.27% 05/17/2023 99.41% 04/24/2023 99.26% 04/05/2023 99.39% 03/19/2023 99.27% 02/25/2023 99.17% 02/04/2023 99.25% 01/15/2023 99.52% 12/23/2022 99.02% 12/01/2022 98.81% 11/09/2022 98.76% 10/20/2022 98.89% 10/01/2022 98.73% 09/14/2022 99.55% 08/29/2022 99.89% 08/12/2022 99.98% 07/28/2022 100.60% 07/13/2022 99.98% 06/28/2022 100.32%