Bond Canadian Imperial Commerce Bank 0% ( XS1569000109 ) in GBP

Issuer Canadian Imperial Commerce Bank
Market price 100 %  ⇌ 
Country  Canada
ISIN code  XS1569000109 ( in GBP )
Interest rate 0%
Maturity 01/03/2023 - Bond has expired



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Detailed description The Canadian Imperial Bank of Commerce (CIBC) is a leading North American financial institution offering a wide range of financial products and services to personal and business clients, including retail banking, wealth management, and capital markets.

The financial instrument, identified by ISIN XS1569000109, was a bond issued by CANADIAN IMPERIAL BANK OF COMMERCE, a leading Canadian financial institution with a significant presence in global banking and diversified financial services. This bond, originated from Canada and denominated in Great British Pounds (GBP), was structured as a zero-coupon security, featuring a 0% interest rate, meaning no periodic coupon payments were made throughout its tenure. With a designated maturity date of March 1, 2023, and a reported market price of 100% at the time of its final settlement, the bond has successfully reached its maturity and the principal has been fully reimbursed to investors, marking the single payment event for this instrument.