Bond Canadá 0% ( CA1350Z7WP53 ) in CAD

Issuer	Canadá
Market price	100 % ⇌
Country	Canada
ISIN code	CA1350Z7WP53 ( in CAD )
Interest rate	0%
Maturity	03/03/2015 - Bond has expired
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Minimal amount	1 000 CAD
Total amount	2 000 000 000 CAD
Cusip	1350Z7WP5
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 report details the CA1350Z7WP53 bond, also identified by its CUSIP code 1350Z7WP5, a debt instrument issued by Canada. As a sovereign nation, Canada represents one of the most stable and reputable issuers in the global financial landscape, with its government bonds considered a benchmark for low-risk investments owing to its robust economy, strong democratic institutions, and sound fiscal policies. This particular obligation, issued within Canada and denominated in Canadian Dollars (CAD), had a total issuance size of CAD 2,000,000,000, with a minimum purchase amount set at CAD 1,000. Noteworthy for its zero stated interest rate, implying it was likely a zero-coupon bond, this instrument reached its maturity date on March 3, 2015. At that point, it was priced at 100% of its face value, reflecting its full repayment. The single payment frequency aligns with the nature of a zero-coupon bond, where the investor's return is realized through the difference between the purchase price and the full face value received at maturity. It has since been fully redeemed and processed, concluding its lifecycle within the capital markets.