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.
An analysis of the fixed-income market highlights the recent redemption of a significant bond issuance by Manitoba, a Canadian province recognized for its prudent fiscal management and resource-rich economy, which on April 15, 2024, fulfilled its obligation by repaying the principal at 100% of par on its US-dollar denominated security, identifiable by ISIN US563469UU76 and CUSIP 563469UU7, a fixed-income instrument that carried a 2.6% annual interest rate, paid semi-annually, forming part of a $1,000,000,000 USD total issuance with a minimum purchase threshold of $5,000 USD, thereby concluding its full lifecycle as a fully settled debt instrument.
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US563469UU76 ( in USD )
