Bond CBIC 0% ( XS1580162656 ) in USD

Issuer	CBIC
Market price	100 % ⇌
Country	Canada
ISIN code	XS1580162656 ( in USD )
Interest rate	0%
Maturity	23/03/2022 - 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	4 023 000 USD
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 XS1580162656, which was issued from Canada by the Canadian Imperial Bank of Commerce (CIBC), a prominent Canadian multinational banking and financial services corporation and one of Canada's 'Big Five' banks headquartered in Toronto offering a comprehensive array of banking, wealth management, and capital markets products and services to over 11 million clients globally, successfully reached its maturity on March 23, 2022, and has been fully repaid, with this particular USD-denominated debt instrument having carried a 0% interest rate, been part of a total issue size of 4,023,000, featuring a minimum purchase size of 1,000 units and a semi-annual payment frequency, its successful redemption at 100% on its scheduled maturity date reinforcing CIBC's commitment to its financial obligations and reflecting the bank's strong standing as a reliable issuer in the global debt markets.