Bond Ontarian Province 0% ( CA68327ZAC91 ) in CAD
| Issuer | Ontarian Province |
| Market price | |
| Country | Canada
|
| ISIN code |
CA68327ZAC91 ( in CAD )
|
| Interest rate | 0% |
| Maturity | 08/09/2030 |
|
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 | 68327ZAC9 |
| 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 CA68327ZAC91 and CUSIP 68327ZAC9, represents a distinctive bond issued by the Province of Ontario, a prominent sub-sovereign entity within Canada renowned for its robust economic framework and stable fiscal management. Denominated in Canadian Dollars (CAD) and currently trading at 100% of its par value, this security is characterized as a zero-coupon bond, meaning it does not yield periodic interest payments; instead, investors' returns are realized through the difference between the purchase price and its face value upon redemption, or through potential capital appreciation. The bond is set to mature on September 8, 2030, with the single principal repayment occurring at this specified maturity date, and has a minimum purchase size of one unit. |
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