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ItalianoBond British Columbia Provinz 10.6% ( CA110709BB74 ) in CAD
| Issuer | British Columbia Provinz | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country |  Canada
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| ISIN code |
 CA110709BB74 ( in CAD )
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| Interest rate | 10.6% per year ( payment 2 times a year) | ||||||
| Maturity | 04/09/2020 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 CAD | ||||||
| Total amount | 599 825 000 CAD | ||||||
| Cusip | 110709BB7 | ||||||
| Detailed description |
British Columbia is a western Canadian province known for its diverse geography, encompassing mountains, forests, and a vast coastline along the Pacific Ocean. A notable fixed-income instrument, specifically a bond issued by British Columbia Province, a significant sub-sovereign governmental entity within Canada, has recently completed its full term, culminating in its repayment. Identified by ISIN CA110709BB74 and CUSIP 110709BB7, this particular obligation, critical to British Columbia's public finance given its role in funding provincial services and infrastructure, was denominated in Canadian Dollars (CAD) and offered a substantial annual interest rate of 10.6%. Payments were structured on a semi-annual basis, reflecting a standard coupon frequency for such instruments. The bond, part of a substantial issue totaling CAD 599,825,000 with a minimum trading increment of CAD 1,000, reached its scheduled maturity date on September 4, 2020, and was subsequently redeemed at its full 100% market price, confirming its successful reimbursement to investors. |
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