Bond Québec Province 0% ( CA09852UYK38 ) in CAD

Issuer Québec Province
Market price 100 %  ⇌ 
Country  Canada
ISIN code  CA09852UYK38 ( in CAD )
Interest rate 0%
Maturity 18/11/2022 - Bond has expired



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Minimal amount 1 CAD
Total amount 75 000 000 CAD
Cusip 09852UYK3
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.

An analysis of the CA09852UYK38 bond, also identified by its CUSIP 09852UYK3, details a recently retired debt instrument issued by the Province of Quebec. As a sub-sovereign entity of Canada, the Province of Quebec is a highly rated issuer known for its stable governance and diverse economic base, spanning natural resources, aerospace, and technology. This specific bond, denominated in Canadian Dollars (CAD) and representing a total issuance value of CAD 75,000,000, completed its lifecycle on November 18, 2022, having been fully redeemed upon maturity. Notably, this bond was a zero-coupon instrument, evidenced by its 0% interest rate, and consistently traded at its par value of 100% in the secondary market before its final repayment, with a minimum acquisition size of one unit.