Bond Teachers' Ontario Pension Plan 1.125% ( XS2403928877 ) in GBP

Issuer	Teachers' Ontario Pension Plan
Market price	100 % ⇌
Country	Canada
ISIN code	XS2403928877 ( in GBP )
Interest rate	1.125% per year ( payment 1 time a year)
Maturity	15/05/2026
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Minimal amount	100 000 GBP
Total amount	500 000 000 GBP
Next Coupon	15/05/2026 ( In 43 days )
Detailed description	The Ontario Teachers' Pension Plan (OTPP) is a defined-benefit pension plan providing retirement benefits to over 330,000 active and retired teachers in Ontario, Canada. It's one of the world's largest pension funds, managing a diversified global portfolio across public and private markets, including infrastructure, real estate, and private equity, aiming for long-term growth to secure its members' retirement income. A bond, identified by ISIN code XS2403928877, has been issued by the Ontario Teachers' Pension Plan (OTPP), one of Canada's premier pension funds established in 1990 to manage the pensions of over 330,000 active and retired teachers across the province of Ontario, distinguishing itself as a globally recognized institutional investor known for its diversified portfolio and prudent financial management. This particular fixed-income instrument originates from Canada and is currently quoted at 100% of its nominal value in the market. Denominated in British Pounds Sterling (GBP), it offers a coupon rate of 1.125% per annum, with interest payments disbursed on an annual basis. The total aggregate principal amount of this issuance is GBP 500,000,000, with a minimum purchase denomination set at GBP 100,000. Investors can expect the bond to reach maturity on May 15, 2026.