Bond Canada Export Development 2% ( US30216BGT35 ) in USD

Issuer Canada Export Development
Market price 100 %  ▼ 
Country  Canada
ISIN code  US30216BGT35 ( in USD )
Interest rate 2% per year ( payment 2 times a year)
Maturity 17/05/2022 - Bond has expired



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Minimal amount 5 000 USD
Total amount 1 250 000 000 USD
Cusip 30216BGT3
Detailed description Export Development Canada (EDC) is a Canadian Crown corporation that helps Canadian businesses of all sizes succeed in global markets by providing financing, insurance, bonding, and advisory services.

This financial article details a specific fixed-income instrument, identified by ISIN US30216BGT35 and CUSIP 30216BGT3, which was a USD-denominated bond issued by Export Development Canada (EDC), a Canadian Crown corporation supporting the nation's export trade and international investment through a range of financial products and services, with this particular debt security having featured a 2% interest rate, a substantial total issue size of 1,250,000,000 USD, a minimum purchase increment of 5,000 USD, and a semi-annual payment frequency, notably reaching its maturity date on May 17, 2022, at which point it was redeemed at par, reflecting its 100% market price at the time of redemption, thereby completing its lifecycle as a fully settled obligation.