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ItalianoBond Hydro One Inc 0% ( CA44810ZCN83 ) in CAD
| Issuer | Hydro One Inc | ||||||||||
| Market price | 100 % ⇌ | ||||||||||
| Country |  Canada
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| ISIN code |
 CA44810ZCN83 ( in CAD )
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| Interest rate | 0% | ||||||||||
| Maturity | 09/21/2026 - Bond has expired | ||||||||||
| Minimal amount | / | ||||||||||
| Total amount | 425 000 000 CAD | ||||||||||
| Cusip | 44810ZCN8 | ||||||||||
| Detailed description |
Hydro One Inc. is a publicly traded Canadian electricity transmission and distribution company primarily serving Ontario. An examination of the Canadian bond market reveals specific details regarding a prominent debt instrument issued by Hydro One Inc. This particular obligation, identified by ISIN CA44810ZCN83 and CUSIP 44810ZCN8, represents a key component of the issuer's funding strategy. Hydro One Inc., a major electricity transmission and distribution company, serves approximately 1.5 million customers across Ontario, Canada; as a regulated utility, its operations are critical to the province's infrastructure, providing essential services and ensuring the reliable flow of electricity, with the company's stable and regulated business model often positioning its debt instruments as attractive to investors seeking exposure to the Canadian utility sector. Issued in Canadian Dollars (CAD), this bond distinguishes itself with a stated interest rate of 0%, classifying it as a zero-coupon bond, meaning investors do not receive periodic interest payments. While zero-coupon bonds are typically issued at a discount to their face value with the return generated from the difference between the purchase price and the full principal amount received at maturity, the current market price for this specific instrument stands at 100% of its par value. The bond is set to mature on September 21, 2026, providing investors with a defined timeframe for the return of principal. The total size of this particular issuance is substantial, amounting to CAD 425,000,000, underscoring its significant presence within the Canadian fixed-income landscape, with the indicated payment frequency referring to the single principal repayment event at maturity, as no interim coupon payments are disbursed. |
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