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ItalianoBond Ontarian Province 4.95% ( US683234YU64 ) in USD
| Issuer | Ontarian Province |
| Market price | 100 % ⇌ |
| Country |  Canada
|
| ISIN code |
 US683234YU64 ( in USD )
|
| Interest rate | 4.95% per year ( payment 2 times a year) |
| Maturity | 28/11/2016 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 5 000 USD |
| Total amount | 1 000 000 000 USD |
| Cusip | 683234YU6 |
| Detailed description |
Ontario is Canada's most populous province, boasting a diverse economy, abundant natural resources, and major urban centers like Toronto, Ottawa, and Hamilton. This financial article details the specifics of a matured bond issued by the Province of Ontario, identified by ISIN US683234YU64 and CUSIP 683234YU6. The Province of Ontario, as Canada's most populous province and a key economic engine, is a significant sub-sovereign issuer in global capital markets, with its debt instruments typically funding public services, infrastructure, and other provincial initiatives. This particular U.S. dollar-denominated obligation carried a 4.95% annual interest rate, with payments disbursed semi-annually, and constituted a total issue size of $1,000,000,000, available for purchase in minimum increments of $5,000. Originally issued in Canada, the bond reached its scheduled maturity date on November 28, 2016, and has since been fully repaid to investors at its par value of 100%, effectively concluding its lifecycle within the fixed-income market. |