Manitoba, a central Canadian province, is known for its diverse geography encompassing prairies, boreal forests, and the vast expanse of Hudson Bay, boasting a rich history shaped by Indigenous cultures and European settlement.
This financial article provides an overview of a specific fixed-income instrument: a bond issued by the Province of Manitoba, a sub-sovereign entity within Canada known for its stable governance and diversified economy, encompassing agriculture, manufacturing, and natural resources. This particular debt security is identified by the ISIN US563469UL77 and CUSIP 563469UL7, standard codes for tracking in the global financial markets. Denominated in United States Dollars (USD), the bond carries a coupon rate of 2.125% and is structured to make interest payments semi-annually. Its maturity date is set for June 21, 2026, positioning it as a short-to-medium term investment. As of current market valuations, the bond is trading at 98.02% of its par value, indicating it is being offered at a discount, which would imply a yield to maturity slightly higher than its nominal coupon rate for investors holding until redemption.
|
Français
Italiano
Canada
US563469UL77 ( in USD )
