Bond Ontarian Province 2.9% ( CA68324ZKA52 ) in CAD

Issuer	Ontarian Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA68324ZKA52 ( in CAD )
Interest rate	2.9% per year ( payment 1 time a year)
Maturity	02/12/2024 - Bond has expired
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Minimal amount	1 CAD
Total amount	/
Cusip	68324ZKA5
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 Canadian dollar-denominated bond, ISIN CA68324ZKA52 (CUSIP 68324ZKA5), issued by the Province of Ontario, has successfully reached its maturity and been redeemed. The Province of Ontario, Canada's most populous and economically significant province, is a prominent issuer in global debt markets, funding its extensive public services and infrastructure through such instruments, and is widely regarded as a high-grade governmental credit. This specific fixed-income security carried an annual coupon rate of 2.9% and had a scheduled maturity date of December 2, 2024. At the point of its redemption, the bond was settled at its par value, consistent with a 100% market price, with its minimum acquisition lot having been established at 1 unit. The principal and any final interest payments for this obligation, having completed its full term, have now been duly disbursed to bondholders.