Bond Canadá 0% ( CA1350Z7Y407 ) in CAD
Issuer | Canadá |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 04/11/2016 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 000 CAD |
Total amount | 1 200 000 000 CAD |
Cusip | 1350Z7Y40 |
Detailed description |
Canada is a North American country comprising ten provinces and three territories, known for its diverse geography, multicultural population, and advanced economy. A review of fixed-income instruments reveals the specific details of a Government of Canada bond, identified by ISIN CA1350Z7Y407 and CUSIP 1350Z7Y40, which has since reached its maturity and was fully redeemed. The issuer, Canada, represents a highly creditworthy sovereign entity, renowned for its stable economic environment and robust fiscal management, characteristics that underpin the security and benchmark status of its debt offerings in global financial markets. This particular obligation, denominated in Canadian Dollars (CAD), was a zero-coupon bond, meaning it featured an interest rate of 0% and investors acquired it at a discount to its face value, receiving the full principal amount upon its maturity. With a total issuance size of CAD 1.2 billion and a minimum purchase increment of CAD 1,000, this bond matured on November 4, 2016. Its market value at maturity was confirmed at 100% of its par value, reflecting its complete and timely repayment to bondholders. |