Bond Manitoba 2% ( CA56345ZCH97 ) in CAD

Issuer Manitoba
Market price refresh price now   100 %  ⇌ 
Country  Canada
ISIN code  CA56345ZCH97 ( in CAD )
Interest rate 2% per year ( payment 1 time a year)
Maturity 03/05/2033
Minimal amount 1 000 CAD
Total amount /
Cusip 56345ZCH9
Next Coupon 03/05/2027 ( In 117 days )
Detailed description Manitoba, a central Canadian province, is known for its diverse geography encompassing prairies, boreal forests, and the vast expanse of Hudson Bay, boasting a rich history shaped by Indigenous cultures and European settlement.

An analysis of the fixed-income market highlights a specific bond offering from the Province of Manitoba, Canada, identified by its ISIN CA56345ZCH97 and CUSIP 56345ZCH9. The issuer, Manitoba, is one of Canada's ten provinces, functioning as a sub-sovereign entity with a stable and diversified economy rooted in sectors such as agriculture, manufacturing, and natural resources, providing a robust fiscal foundation for its debt obligations. This particular debt instrument, denominated in Canadian Dollars (CAD), currently trades at 100% of its par value on the market, reflecting a price at face value. It features a fixed annual interest rate, or coupon, of 2%, with interest payments distributed once per year to bondholders. The bond is slated to mature on March 5, 2033, offering a defined repayment timeline for investors. Access to this offering is set at a minimum acquisition size of CAD 1,000, making it a viable consideration for portfolios seeking exposure to Canadian provincial government debt.
DateClean price
08/07/2024100.00%
07/08/2024100.00%
09/03/2023100.00%