Bond Canadá 0% ( CA1350Z7YB40 ) in CAD

Issuer	Canadá
Market price	100 % ⇌
Country	Canada
ISIN code	CA1350Z7YB40 ( in CAD )
Interest rate	0%
Maturity	03/11/2016 - Bond has expired
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Minimal amount	1 000 CAD
Total amount	15 700 000 000 CAD
Cusip	1350Z7YB4
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 article details a specific bond previously issued by the Government of Canada, recognized globally as a highly stable and creditworthy sovereign entity responsible for managing the nation's public finances and debt. Identified by its unique ISIN CA1350Z7YB40 and CUSIP 1350Z7YB4, this Canadian dollar-denominated (CAD) bond reached its maturity on November 3, 2016. Classified as a zero-coupon bond due to its stated 0% interest rate, the return on this instrument was realized at maturity when it was repaid at its full face value, consistent with the single payment frequency inherent to such securities. The total size of this particular issuance was substantial, amounting to CAD 15,700,000,000, with a minimum purchase size set at CAD 1,000, making it accessible to a broad range of institutional and individual investors. At the time of its maturity, the bond's market price stood at 100% of its par value, prior to its full and successful repayment to all bondholders, thus concluding its lifecycle as a redeemed sovereign debt obligation.