Bond Columbia Britannica 0% ( CA11066ZVW71 ) in CAD

Issuer	Columbia Britannica
Market price	100 % ⇌
Country	Canada
ISIN code	CA11066ZVW71 ( in CAD )
Interest rate	0%
Maturity	18/06/2036
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 CAD
Total amount	/
Cusip	11066ZVW7
Detailed description	British Columbia is a Canadian province located on the western coast of the country, known for its diverse geography, including mountains, forests, and coastline, as well as its thriving economy based on natural resources and tourism. This financial instrument, designated as a bond and identifiable by its ISIN CA11066ZVW71 and CUSIP 11066ZVW7, is issued by the Province of British Columbia, a key sub-sovereign entity within Canada recognized for its robust and diversified economy encompassing natural resources, technology, and services, thereby reflecting its strong creditworthiness within the Canadian financial landscape; the bond, denominated in Canadian Dollars (CAD) and originating from Canada, is presently trading at 100% of its face value, and notably features a 0% interest rate, categorizing it as a zero-coupon bond where, conventionally, investor returns are generated through capital appreciation from a discounted purchase price to its full face value at maturity, though its current par valuation, combined with its June 18, 2036 maturity date, implies that buyers at this price point would secure no yield to maturity, with the principal repayment being the sole payment event occurring once upon the bond's maturity, and the minimum acquisition size set at one unit.