Bond Canadá 0% ( CA1350Z7ZP27 ) in CAD

Issuer Canadá
Market price 100 %  ⇌ 
Country  Canada
ISIN code  CA1350Z7ZP27 ( in CAD )
Interest rate 0%
Maturity 05/10/2017 - Bond has expired



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Minimal amount 1 000 CAD
Total amount 13 900 000 000 CAD
Cusip 1350Z7ZP2
Detailed description Canada is a North American country comprising ten provinces and three territories, known for its diverse geography, multicultural population, and advanced economy.

Presented here is a retrospective analysis of a specific Canadian government bond, ISIN CA1350Z7ZP27 (CUSIP: 1350Z7ZP2), issued by Canada, a G7 nation characterized by a highly developed mixed-market economy, abundant natural resources, and a stable political and fiscal environment, factors that collectively contribute to the high creditworthiness of its sovereign debt instruments. This particular obligation, denominated in Canadian Dollars (CAD), represented a substantial issuance totaling CAD 13,900,000,000, with a minimum purchase size set at CAD 1,000. Despite a stated 0% interest rate and an indicated payment frequency of 1, implying a zero-coupon or discount bond structure where return is embedded in the redemption value, the bond successfully reached its maturity on October 5, 2017, and was fully redeemed at its par value of 100%.