Bond Albertia 0% ( CA0130Z3M236 ) in CAD

Issuer	Albertia
Market price	100 % ⇌
Country	Canada
ISIN code	CA0130Z3M236 ( in CAD )
Interest rate	0%
Maturity	02/12/2021 - Bond has expired
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Minimal amount	1 000 CAD
Total amount	/
Cusip	0130Z3M23
Detailed description	Alberta is a western Canadian province known for its vast prairies, Rocky Mountains, oil sands, and diverse economy encompassing agriculture, energy, and tourism. Detailing a specific fixed-income instrument, the bond identified by ISIN CA0130Z3M236 (CUSIP: 0130Z3M23) was issued by the Province of Alberta, a significant economic and political entity within Canada, known for its robust provincial government and reliance on natural resources. This particular obligation, denominated in Canadian Dollars (CAD), was notable for being a zero-coupon bond, meaning it carried a 0% interest rate and did not feature periodic coupon payments, instead offering a single principal payment upon maturity. With a minimum purchase increment of CAD 1,000, this instrument reached its full maturity on December 2, 2021, at which point it was successfully redeemed at its par value of 100% of the principal amount, marking its complete repayment and conclusion in the market.