Nav Canada, established in 1996 and headquartered in Ottawa, Canada, is a private, non-profit corporation responsible for the nation's air navigation services. The company plays a critical role in ensuring the safety of Canadian airspace, providing services such as air traffic management, aeronautical information, and navigation services to commercial and private aircraft.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NAVCAN 0.94% 2026-02-09 CADNav Canada | Canada | 2026-02-09 | 0.937 | 2.68 |
| NAVCAN 2.06% 2030-05-29 CADNav Canada | Canada | 2030-05-29 | 2.063 | 3.09 |
| NAVCAN 2.92% 2051-09-29 CADNav Canada | Canada | 2051-09-29 | 2.924 | 4.75 |
| NAVCAN 3.21% 2050-09-29 CADNav Canada | Canada | 2050-09-29 | 3.209 | 4.76 |
| NAVCAN 3.29% 2048-03-30 CADNav Canada | Canada | 2048-03-30 | 3.293 | 4.76 |
| NAVCAN 3.53% 2046-02-23 CADNav Canada | Canada | 2046-02-23 | 3.534 | 4.76 |
| NAVCAN 7.40% 2027-06-01 CADNav Canada | Canada | 2027-06-01 | 7.400 | 3.14 |
| NAVCAN 7.56% 2027-03-01 CADNav Canada | Canada | 2027-03-01 | 7.560 | 2.23 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nav Canada first began issuing bonds in 2000 to finance infrastructure improvements and facilitate operational efficiency. A standout issuance occurred in 2019, when they launched a $500 million bond to support modernization initiatives, reflecting strong demand and investor confidence in their stable revenue streams. Current yields on Nav Canada bonds are competitive within the industry, often attracting institutional investors due to the company's solid credit rating and strategic focus on enhancing air traffic management systems. The corporation's commitment to innovation was recognized in 2022 when it celebrated 25 years of independent operations, marking its significance in Canadian aviation funding.