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ItalianoBond Canada Export Development 4.18% ( XS1798886880 ) in CNY
| Issuer | Canada Export Development |
| Market price | 100 % ⇌ |
| Country |  Canada
|
| ISIN code |
 XS1798886880 ( in CNY )
|
| Interest rate | 4.18% per year ( payment 1 time a year) |
| Maturity | 29/03/2019 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 CNY |
| Total amount | 450 000 000 CNY |
| 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. An analysis of a specific bond issuance, identified by ISIN XS1798886880, details an offering from Export Development Canada (EDC), a Canadian Crown corporation wholly owned by the Government of Canada, serving as Canada's official export credit agency with a core mandate to support and develop the nation's export trade by providing a comprehensive range of financing, insurance, and advisory services to Canadian companies and their international customers. This particular bond, issued from Canada and denominated in Chinese Yuan (CNY), bore a fixed interest rate of 4.18% and represented a total issuance size of CNY 450,000,000, with a minimum purchase amount set at CNY 1,000,000; its market price was recorded at 100% of its par value. The bond featured an annual payment frequency and reached its maturity date on March 29, 2019, at which point it was fully repaid and redeemed to its bondholders. |