Bond Ontario Province 0% ( CA68323Z8S13 ) in CAD

Issuer	Ontario Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA68323Z8S13 ( in CAD )
Interest rate	0%
Maturity	01/06/2045
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Minimal amount	1 CAD
Total amount	/
Cusip	68323Z8S1
Detailed description	Ontario is Canada's most populous province, boasting a diverse economy, vibrant culture, and abundant natural resources. This bond, identified by ISIN CA68323Z8S13 and CUSIP 68323Z8S1, is issued by the Province of Ontario, a highly creditworthy sub-sovereign entity and Canada's most populous province, known for its robust and diversified economy encompassing significant financial, technological, and manufacturing sectors. Denominated in Canadian Dollars (CAD), this instrument is currently trading at 100% of its par value and features a stated interest rate of 0%, characterizing it as a zero-coupon bond where investor returns are derived from capital appreciation upon its maturity on June 1, 2045. The minimum lot size for this security is 1, and while a payment frequency of '1' is indicated, the primary cash flow event for this zero-coupon bond is the single principal repayment at its long-term maturity.