British Columbia is a Canadian province located on the western coast of the country, known for its diverse geography, including mountains, forests, and coastline, as well as its thriving economy based on natural resources and tourism.
This financial article details the specifics of a recently matured fixed-income security issued by British Columbia, a major Canadian provincial government renowned for its robust financial management and stable economic framework. Identified by ISIN US110709AD48 and CUSIP 110709AD4, this particular bond, denominated in US Dollars, carried a fixed coupon rate of 1.75%. The total issuance size amounted to $1,250,000,000, with a minimum purchase increment set at $5,000, designed to attract a broad base of institutional and individual investors. Interest payments were distributed semi-annually, providing a steady income stream to bondholders. The security reached its scheduled maturity date on September 27, 2024, at which point it was trading at 100% of its par value, successfully completing its lifecycle and being fully repaid to investors as per its original terms, underscoring the Province of British Columbia's commitment to its financial obligations and its standing as a reliable sovereign issuer in the global capital markets.
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US110709AD48 ( in USD )
