Bond Albertia 0% ( CA0130Z3Z865 ) in CAD

Issuer Albertia
Market price 100 %  ⇌ 
Country  Canada
ISIN code  CA0130Z3Z865 ( in CAD )
Interest rate 0%
Maturity 08/12/2020 - Bond has expired



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Minimal amount 1 000 CAD
Total amount /
Cusip 0130Z3Z86
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.

An analysis of fixed-income instruments reveals details of a Canadian provincial bond, identified by ISIN CA0130Z3Z865 and CUSIP 0130Z3Z86, issued by the Province of Alberta, a prominent sub-sovereign entity within Canada renowned for its robust, resource-driven economy and a strong, stable fiscal framework that underpins its high credit standing; this particular debt instrument, denominated in Canadian Dollars (CAD) with an original minimum purchase size of 1,000, featured a 0% interest rate, characteristic of a zero-coupon bond whose principal was scheduled for a single payment at maturity, which occurred on December 8, 2020, at which point the bond, valued at 100% of its par, was fully redeemed.