Bond Canadá 0% ( CA1350Z77U25 ) in CAD
Issuer | Canadá |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 05/11/2020 - Bond has expired |
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Minimal amount | 1 000 CAD |
Total amount | 5 600 000 000 CAD |
Cusip | 1350Z77U2 |
Detailed description |
Canada is a North American country comprising ten provinces and three territories, known for its diverse geography, multicultural population, and advanced economy. The Government of Canada, a G7 nation and highly-rated sovereign issuer known for its stable economy and robust fiscal framework, successfully concluded its obligations for the bond identified by ISIN CA1350Z77U25 and CUSIP 1350Z77U2, which matured and was fully repaid on November 5, 2020. This debt instrument, denominated in Canadian Dollars (CAD), represented a distinctive zero-coupon bond, characterized by a 0% interest rate, meaning investors received no periodic coupon payments but rather a single principal repayment at its maturity. With a total issuance size of CAD 5.6 billion and a minimum purchase threshold set at CAD 1,000, this bond was redeemed at 100% of its par value upon its final maturity, underscoring the consistent reliability associated with Canadian sovereign debt. |