Bond CBIC 0% ( US13608J4040 ) in USD
Issuer | CBIC |
Market price | 9.89 % ▼ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 23/06/2023 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 8 476 000 USD |
Cusip | 13608J404 |
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 USD-denominated bond, identified by ISIN US13608J4040 and CUSIP 13608J404, was issued by the Canadian Imperial Bank of Commerce (CIBC), a prominent financial institution headquartered in Canada. The offering had a total issue size of $8,476,000, with a minimum acquisition size set at $1,000. Key financial characteristics included a 0% interest rate, signifying its nature as a zero-coupon instrument, along with a reported market price of 9.89% and a stated payment frequency of two. The bond reached its full maturity on June 23, 2023, and has since been fully repaid. |