Bond Manitoba 0% ( CA56347PFG87 ) in CAD
| Issuer | Manitoba | ||||||||
| Market price | 100 % ⇌ | ||||||||
| Country | Canada
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| ISIN code |
CA56347PFG87 ( in CAD )
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| Interest rate | 0% | ||||||||
| Maturity | 08/09/2023 - Bond has expired | ||||||||
| Minimal amount | 1 000 CAD | ||||||||
| Total amount | 200 000 000 CAD | ||||||||
| Cusip | 56347PFG8 | ||||||||
| 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 informative analysis of the recently matured zero-coupon bond, identified by ISIN CA56347PFG87 and CUSIP 56347PFG8, reveals its issuance by the Province of Manitoba, a sub-sovereign entity of Canada known for its stable fiscal management within the Canadian federal system, which issued this specific obligation for a total size of CAD 200,000,000, with a minimum purchase size of CAD 1,000, denominated entirely in Canadian Dollars, and which, despite its 0% interest rate reflecting its zero-coupon nature, successfully reached its maturity date on August 9, 2023, having been priced at 100% of par on the market and subsequently redeemed in full. |
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