Bond Canadia 0% ( CA1350Z78W71 ) in CAD
| Issuer | Canadia |
| Market price | 100 % ⇌ |
| Country | Canada
|
| ISIN code |
CA1350Z78W71 ( in CAD )
|
| Interest rate | 0% |
| Maturity | 01/09/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 CAD |
| Total amount | 5 200 000 000 CAD |
| Cusip | 1350Z78W7 |
| Detailed description |
Canada is a vast North American country renowned for its diverse natural landscapes, a rich multicultural society, and its official languages of English and French. The Government of Canada, a highly-rated sovereign issuer known for its stable fiscal management, recently completed the repayment of one of its domestic debt instruments. This specific bond, identified by ISIN CA1350Z78W71 (CUSIP: 1350Z78W7) and denominated in Canadian Dollars (CAD), was a zero-coupon obligation with a 0% interest rate, implying that its return was embedded in its discount issuance price rather than periodic coupon payments. Issued within Canada, this instrument was part of a substantial CAD 5.2 billion offering, with a minimum purchase unit set at CAD 1,000. On its scheduled maturity date of September 1, 2021, the bond was fully retired, reflecting its repayment at 100% of its par value, underscoring the Canadian government's commitment to its financial obligations. |
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