Bond Québec Province 0% ( CA74812ZSJ52 ) in CAD

Issuer	Québec Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA74812ZSJ52 ( in CAD )
Interest rate	0%
Maturity	01/04/2035
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Minimal amount	1 CAD
Total amount	/
Cusip	74812ZSJ5
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. Quebec Zero-Coupon Bond Profile: CA74812ZSJ52 This financial article provides a detailed overview of a specific bond issuance by the Province of Quebec, a prominent sub-sovereign entity within Canada. The issuer, the Province of Quebec, is one of Canada's largest provinces, distinguished by its robust and diversified economy, which encompasses significant sectors such as aerospace, information technology, and natural resources. Its debt issuances are generally regarded as high-grade, reflecting prudent fiscal management and a stable political environment within a G7 nation. The bond under review is precisely identified by its ISIN code CA74812ZSJ52 and its CUSIP code 74812ZSJ5. It is denominated in Canadian Dollars (CAD) and currently trades at 100% of its par value in the secondary market. A defining characteristic of this particular instrument is its 0% interest rate, which categorizes it as a zero-coupon bond. This structure means that investors do not receive periodic interest payments throughout the bond's life; instead, the return on investment is fundamentally derived from the discount at which the bond was originally acquired relative to its face value, which is then paid upon maturity. Given its current market price of 100% of par and a 0% interest rate, the effective yield to maturity for this bond is also 0% under prevailing conditions, meaning an investor purchasing at this price will receive precisely the principal amount back at maturity. While no regular interest payments are made, the principal repayment at maturity constitutes the single cash flow event for the bondholder. The bond is scheduled to reach its maturity on April 1, 2035, at which point the full face value will be repaid to bondholders. The minimum purchase size for this bond is set at 1 unit, offering accessibility for various investor profiles. Issued from Canada, this bond represents a direct obligation of the Province of Quebec, offering a specific type of exposure to the Canadian fixed-income market without the complexity of coupon reinvestment for those holding until maturity.