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ItalianoBond Québec Province 0% ( CA09852UPS64 ) in CAD
| Issuer | Québec Province |
| Market price | 100 % ⇌ |
| Country |  Canada
|
| ISIN code |
 CA09852UPS64 ( in CAD )
|
| Interest rate | 0% |
| Maturity | 25/02/2022 - 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 CAD |
| Total amount | 450 000 000 CAD |
| Cusip | 09852UPS6 |
| Detailed description |
Quebec is a predominantly French-speaking province in eastern Canada, known for its unique culture, history, and stunning landscapes, including the Appalachian Mountains and the St. Lawrence River. This financial market report details a specific fixed-income instrument, an obligation issued by the Province of Quebec. The Province of Quebec, a prominent sub-sovereign entity within Canada, stands as a significant and generally well-regarded participant in the global debt markets, known for its established governance, diversified economy, and consistent fiscal management, which collectively contribute to its robust credit profile as an issuer. This particular bond, identified by the ISIN CA09852UPS64 and CUSIP 09852UPS6, was structured as a zero-coupon instrument, characterized by a stated interest rate of 0%. Denominated in Canadian Dollars (CAD), the total size of this bond issuance was CAD 450,000,000, with a minimum investment threshold set at CAD 1,000 per purchase. The bond's maturity date was February 25, 2022. At its maturity, the instrument was fully repaid to investors at its par value, or 100% of its face value, signifying the complete and timely fulfillment of the issuer's financial commitment regarding this specific debt obligation. |