Bond Ontarian Province 4.6% ( CA683234A242 ) in CAD

Issuer	Ontarian Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA683234A242 ( in CAD )
Interest rate	4.6% per year ( payment 1 time a year)
Maturity	02/06/2054
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Minimal amount	1 000 CAD
Total amount	40 000 000 CAD
Cusip	683234A24
Next Coupon	02/06/2026 ( In 130 days )
Detailed description	Ontario is Canada's most populous province, boasting a diverse economy, abundant natural resources, and major urban centers like Toronto, Ottawa, and Hamilton. A newly identified fixed-income instrument has entered the market, specifically an obligation issued by the Province of Ontario, Canada. This bond, precisely identified by ISIN CA683234A242 and CUSIP 683234A24, is denominated in Canadian Dollars (CAD) and currently trades at 100% of its par value. The Province of Ontario, a major economic and political entity within Canada, is recognized as a highly reputable and stable sub-sovereign issuer in the global debt markets, underpinning the credit quality of its offerings. This particular issuance carries an annual interest rate of 4.6%, with a total issue size amounting to CAD 40,000,000. Investors looking to participate can do so with a minimum purchase size of CAD 1,000. Characterized by its long-term nature, the bond matures on June 2, 2054, with interest payments scheduled to occur annually, providing consistent returns over its extensive term.