Bond Ontarian Province 1% ( CA68324ZMU98 ) in CAD
| Issuer | Ontarian Province |
| Market price | |
| Country | Canada
|
| ISIN code |
CA68324ZMU98 ( in CAD )
|
| Interest rate | 1% per year ( payment 1 time a year) |
| Maturity | 02/06/2029 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 CAD |
| Total amount | / |
| Cusip | 68324ZMU9 |
| 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. This financial instrument, identified by ISIN CA68324ZMU98 and CUSIP 68324ZMU9, is a bond issued by the Province of Ontario, Canada's most populous province and a significant contributor to the nation's economic output. As a sub-sovereign entity, Ontario regularly accesses capital markets to fund its operations, infrastructure projects, and public services, leveraging its robust economic base and strong fiscal management, which underpins its creditworthiness as an issuer within the Canadian debt market. This particular bond, denominated in Canadian Dollars (CAD) and issued from Canada, is currently trading at 100% of its par value, indicating it is priced at par in the market. It bears an annual interest rate (coupon) of 1% and is scheduled to mature on June 2, 2029, with interest payments distributed annually. The minimum acquisition size for this offering is set at 1,000 CAD. |
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