Bond Canadá 0% ( CA1350Z7WY60 ) in CAD

Issuer	Canadá
Market price	100 % ⇌
Country	Canada
ISIN code	CA1350Z7WY60 ( in CAD )
Interest rate	0%
Maturity	03/12/2015 - Bond has expired
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Minimal amount	1 000 CAD
Total amount	14 300 000 000 CAD
Cusip	1350Z7WY6
Detailed description	Canada is a North American country comprising ten provinces and three territories, known for its diverse geography, multicultural population, and advanced economy. An in-depth analysis of a specific Canadian government debt instrument, identified by its ISIN code CA1350Z7WY60 and CUSIP code 1350Z7WY6, reveals a bond that has successfully reached its maturity and been fully redeemed. This particular obligation was issued by Canada, a highly regarded sovereign entity known for its robust and stable economy, consistently maintaining a strong credit profile that positions its government bonds as a benchmark for safety and reliability within global fixed-income markets. Denominated in Canadian Dollars (CAD), this bond featured a unique characteristic of a zero-coupon rate, meaning investors did not receive periodic interest payments throughout its lifecycle; instead, the implied return for initial purchasers would have been realized through the difference between its discounted purchase price and its par value at redemption. The total issuance size of this instrument was substantial, amounting to CAD 14,300,000,000, indicative of the Canadian government's significant funding requirements and its capacity to raise capital on a large scale, with a minimum purchase size set at CAD 1,000 to facilitate broader investor participation. Having officially matured on December 3, 2015, the reported 'current market price' of 100% for this bond reflects its successful and complete redemption at par, signifying that all principal amounts were fully repaid to bondholders upon its expiration, thus concluding its lifecycle within the capital markets.