Bond CBIC 0% ( XS1637809507 ) in USD

Issuer CBIC
Market price 100 %  ⇌ 
Country  Canada
ISIN code  XS1637809507 ( in USD )
Interest rate 0%
Maturity 28/06/2022 - Bond has expired



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Minimal amount 1 000 USD
Total amount 1 400 000 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 financial instrument, identified by ISIN XS1637809507, was a U.S. dollar-denominated bond issued by CIBC (Canadian Imperial Bank of Commerce), a prominent Canadian multinational banking and financial services corporation recognized as one of Canada's largest banks. Originating from Canada, this bond represented a total issuance size of 1,400,000 units, with a minimum investment threshold of 1,000 units, and notably featured a 0% interest rate, characteristic of a zero-coupon structure where investors receive the principal at maturity. The security reached its maturity date on June 28, 2022, and has since been fully redeemed and repaid, concluding its life cycle within the fixed-income market.