Bond Ontarian Province 0% ( CA68327ZJU09 ) in CAD

Issuer	Ontarian Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA68327ZJU09 ( in CAD )
Interest rate	0%
Maturity	02/12/2052
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Minimal amount	1 CAD
Total amount	/
Cusip	68327ZJU0
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. An in-depth examination of the bond identified by ISIN CA68327ZJU09, also recognized by CUSIP 68327ZJU0, reveals it is a fixed-income instrument issued by the Province of Ontario. The Province of Ontario, as Canada's most populous province and a key driver of the national economy, holds a significant position among sub-sovereign entities globally. Its economic landscape is highly diversified, encompassing sectors from manufacturing and technology to natural resources, underpinned by a stable political and regulatory environment, which generally contributes to robust credit fundamentals. This particular bond, denominated in Canadian Dollars (CAD), is presently quoted at 100% of its par value in the market. A defining characteristic is its stated interest rate of 0%, indicating it operates as a zero-coupon bond. Investors acquiring this instrument would typically anticipate their return through capital appreciation, as the bond is purchased at a discount to its face value, maturing at par on December 2, 2052. The listed payment frequency of 1 implies a single payment event, consistent with the nature of a zero-coupon bond where the principal and accrued interest (represented by the difference between purchase price and face value) are disbursed at maturity. The minimum purchase size for this specific security is one unit, making it accessible for varying investment scales.