Bond CBIC 0.3042% ( XS2106062628 ) in EUR

Issuer	CBIC
Market price	100 % ⇌
Country	Canada
ISIN code	XS2106062628 ( in EUR )
Interest rate	0.3042% per year ( payment 1 time a year)
Maturity	21/07/2021 - 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 EUR
Total amount	3 000 000 EUR
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 financial article details a bond issuance, ISIN XS2106062628, which has recently concluded its lifecycle, reaching maturity and undergoing full redemption. The issuer of this fixed-income security is CIBC, the Canadian Imperial Bank of Commerce, a leading diversified financial institution headquartered in Canada with extensive operations spanning retail and business banking, wealth management, and capital markets across North America and globally. Issued from Canada in Euros (EUR), this obligation carried an annual interest rate of 0.3042%. The total size of the issuance amounted to ?3,000,000, with a minimum purchase amount set at ?1,000 per tranche. This bond featured an annual payment frequency and had a defined maturity date of July 21, 2021. Upon its maturity, the bond's market price was observed at 100%, confirming its redemption at par. As per the terms, this bond has now fully matured and its principal has been successfully reimbursed to all bondholders.