Bond Ontarian Province 0% ( CA68323ZZF93 ) in CAD
| Issuer | Ontarian Province |
| Market price | 100 % ⇌ |
| Country | Canada
|
| ISIN code |
CA68323ZZF93 ( in CAD )
|
| Interest rate | 0% |
| Maturity | 01/12/2025 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 CAD |
| Total amount | / |
| Cusip | 68323ZZF9 |
| 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. This financial article presents a detailed analysis of a specific fixed-income instrument, an obligation issued by the Province of Ontario, a highly creditworthy Canadian provincial government entity recognized for its strong economic base and prudent fiscal management, bearing ISIN CA68323ZZF93 and CUSIP 68323ZZF9, and originating from Canada; this bond, denominated in Canadian Dollars (CAD) and presently valued at 100% in the market, is characterized by a 0% interest rate, thus functioning as a zero-coupon bond where, with a minimum purchase size of 1 unit, investors receive a single principal payment upon its maturity on December 1, 2025, reflecting its sole redemption event rather than periodic interest distributions. |
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