Bond Canadá 0% ( CA1350Z78W71 ) in CAD

Issuer Canadá
Market price 100 %  ⇌ 
Country  Canada
ISIN code  CA1350Z78W71 ( in CAD )
Interest rate 0%
Maturity 01/09/2021 - Bond has expired



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Minimal amount 1 000 CAD
Total amount 5 200 000 000 CAD
Cusip 1350Z78W7
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 highly-rated sovereign issuer known for its stable fiscal management, recently completed the repayment of one of its domestic debt instruments. This specific bond, identified by ISIN CA1350Z78W71 (CUSIP: 1350Z78W7) and denominated in Canadian Dollars (CAD), was a zero-coupon obligation with a 0% interest rate, implying that its return was embedded in its discount issuance price rather than periodic coupon payments. Issued within Canada, this instrument was part of a substantial CAD 5.2 billion offering, with a minimum purchase unit set at CAD 1,000. On its scheduled maturity date of September 1, 2021, the bond was fully retired, reflecting its repayment at 100% of its par value, underscoring the Canadian government's commitment to its financial obligations.