Bond Saskatchewan Province 0% ( CA80386ZT732 ) in CAD

Issuer	Saskatchewan Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA80386ZT732 ( in CAD )
Interest rate	0%
Maturity	04/03/2031
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Minimal amount	1 CAD
Total amount	/
Cusip	80386ZT73
Detailed description	Saskatchewan is a Canadian prairie province known for its vast wheat fields, potash production, and rich Indigenous history. This financial article provides a detailed overview of a Canadian Dollar (CAD) denominated bond, identified by ISIN CA80386ZT732 and CUSIP 80386ZT73, issued by the Province of Saskatchewan, a key governmental entity within Canada responsible for the administration and development of its central prairie region, including the provision of vital public services and infrastructure. Currently trading at 100% of its par value, this instrument is structured as a zero-coupon bond, implying it carries a 0% interest rate and therefore does not generate periodic interest payments; instead, investor returns are realized through the difference between its purchase price (typically a discount) and its par value upon maturity. The bond is set to mature on March 4, 2031, with a minimum lot size for trading set at 1 unit, and while a payment frequency of 1 is indicated, for a zero-coupon bond, this primarily denotes the single principal repayment occurring at its maturity date rather than recurring interest distributions.