Bond Fairfax Holdings 4.23% ( CA303901BD38 ) in CAD

Issuer Fairfax Holdings
Market price refresh price now   100 %  ⇌ 
Country  Canada
ISIN code  CA303901BD38 ( in CAD )
Interest rate 4.23% per year ( payment 1 time a year)
Maturity 14/06/2029



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Minimal amount 1 000 CAD
Total amount 500 000 000 CAD
Cusip 303901BD3
Next Coupon 14/06/2026 ( In 126 days )
Detailed description Fairfax Financial Holdings is a Canadian holding company specializing in insurance and reinsurance, with diverse investments in various sectors including property and casualty insurance, technology, and real estate.

A notable fixed-income instrument within the Canadian debt market is the bond issued by Fairfax Financial Holdings, identifiable by its ISIN CA303901BD38 and CUSIP 303901BD3. Fairfax Financial Holdings, a prominent Canadian financial holding company, operates globally through its subsidiaries in property and casualty insurance and reinsurance, alongside a significant investment management portfolio. Known for its long-term, value-oriented investment philosophy under the leadership of Chairman and CEO Prem Watsa, the company maintains a reputation for conservative financial stewardship, making its debt offerings of interest to investors seeking exposure to a stable Canadian financial entity. This specific bond, issued from Canada and denominated in Canadian Dollars (CAD), currently trades at 100% of its face value, indicating it is priced at par in the secondary market. It carries an annual interest rate of 4.23% and is part of a substantial total issuance valued at CAD 500,000,000. Investors looking to acquire this security can do so with a minimum purchase size of CAD 1,000. The bond is set to mature on June 14, 2029, with interest payments distributed annually.