Bond Canadá 0% ( CA1350Z78J60 ) in CAD

Issuer Canadá
Market price 100 %  ⇌ 
Country  Canada
ISIN code  CA1350Z78J60 ( in CAD )
Interest rate 0%
Maturity 14/10/2021 - Bond has expired



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Minimal amount 1 000 CAD
Total amount 16 600 000 000 CAD
Cusip 1350Z78J6
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 leading sovereign entity recognized for its stable economic policies and robust financial standing, issued a significant bond, identified by ISIN CA1350Z78J60 and CUSIP 1350Z78J6. This Canadian Dollar (CAD) denominated obligation, originating from Canada, represented a substantial total offering of CAD 16.6 billion, with a minimum acquisition size set at CAD 1,000. Noteworthy for its 0% interest rate, indicating it was likely a zero-coupon instrument, this bond was structured to pay a single principal amount at its maturity date of October 14, 2021, at which point it was fully redeemed at 100% of its par value, successfully concluding its lifecycle within the capital markets.