Bond CBIC 2.55% ( XS1703862489 ) in GBP

Issuer	CBIC
Market price	100 % ⇌
Country	Canada
ISIN code	XS1703862489 ( in GBP )
Interest rate	2.55% per year ( payment 1 time a year)
Maturity	27/10/2022 - Bond has expired
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Minimal amount	1 000 GBP
Total amount	625 000 GBP
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. An obligation identified by the ISIN XS1703862489, issued by CIBC (Canadian Imperial Bank of Commerce), a major Canadian multinational banking and financial services corporation headquartered in Toronto, Canada, has officially concluded its lifecycle. This bond, denominated in Great British Pounds (GBP), carried a fixed annual interest rate of 2.55%. The total size of this particular issuance was 625,000 GBP, with a specified minimum purchase amount of 1,000 GBP. Originally issued from Canada, with an annual payment frequency, the bond reached its full maturity on October 27, 2022. As confirmed, the bond was repaid at 100% of its market price upon maturity, completing its redemption process.