Bond Ontarian Province 0% ( CA6832Z5FN50 ) in CAD

Issuer	Ontarian Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA6832Z5FN50 ( in CAD )
Interest rate	0%
Maturity	12/05/2021 - Bond has expired
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Minimal amount	1 000 CAD
Total amount	150 000 000 CAD
Cusip	6832Z5FN5
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 analysis of the CA6832Z5FN50 (CUSIP: 6832Z5FN5) bond, issued by the Province of Ontario, offers a case study in sovereign debt and its lifecycle management. The Province of Ontario, as Canada's most populous and economically significant sub-sovereign entity, frequently accesses capital markets to finance its public services and infrastructure projects, and its bonds are generally considered high-quality investments. This particular bond, denominated in Canadian Dollars (CAD), represented a total issuance size of CAD 150,000,000, with a minimum investment threshold of CAD 1,000. Characterized as a zero-coupon bond with a 0% interest rate, it did not provide periodic interest payments, with investor returns typically realized from the discount at which it was issued and its eventual redemption at par. With a specified maturity date of May 12, 2021, and a single payment frequency (implying principal repayment at maturity), the bond has successfully reached its maturity and has been fully repaid, concluding its tenure at a final market price of 100%.