Bond Canadá 0% ( CA13508Z2E17 ) in CAD

Issuer	Canadá
Market price	100 % ⇌
Country	Canada
ISIN code	CA13508Z2E17 ( in CAD )
Interest rate	0%
Maturity	01/06/2050
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Minimal amount	1 CAD
Total amount	/
Cusip	13508Z2E1
Detailed description	Canada is a North American country comprising ten provinces and three territories, known for its diverse geography, multicultural population, and advanced economy. This financial article provides a detailed overview of a specific sovereign debt instrument, an obligation issued by Canada, identified by ISIN CA13508Z2E17 and CUSIP 13508Z2E1. As the issuer, Canada is recognized globally as a G7 nation with a highly developed and stable economy, maintaining robust public finances and strong institutional governance, which underpins its high sovereign creditworthiness and capacity to meet its financial commitments. This particular bond, denominated in Canadian Dollars (CAD), is a zero-coupon instrument, characterized by a 0% interest rate, meaning it does not disburse periodic interest payments. Instead, its return is realized from the difference between its purchase price and the full principal amount received at its maturity date of June 1, 2050. Currently trading at 100% of its par value in the market, this pricing, combined with its 0% stated interest rate, indicates a yield to maturity of 0% if held to expiration, a characteristic that reflects specific market conditions or the unique design of this sovereign instrument. While exhibiting a payment frequency of one, this specifically denotes the single principal repayment occurring upon the bond's maturation. With a minimum purchase size set at 1 unit, this security offers accessibility to various investor profiles seeking exposure to long-term Canadian government debt within a zero-coupon framework.