Bond Québec Province 0% ( CA74812ZYQ22 ) in CAD

Issuer	Québec Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA74812ZYQ22 ( in CAD )
Interest rate	0%
Maturity	01/10/2020 - Bond has expired
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Minimal amount	1 CAD
Total amount	/
Cusip	74812ZYQ2
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. A detailed financial overview reveals the complete lifecycle of a bond issued by the Province of Quebec, a major sub-sovereign entity within Canada renowned for its stable governance and diverse economy, which relies on bond issuance to finance its public services and infrastructure projects. Identified by ISIN CA74812ZYQ22 and CUSIP 74812ZYQ2, this particular debt instrument, denominated in Canadian Dollars (CAD) and issued from Canada, reached its full maturity on October 1, 2020. This bond featured a 0% stated interest rate, implying it functioned either as a zero-coupon instrument or a bond where principal repayment at par was the sole return mechanism, consistent with its recorded market price of 100% upon maturity. With a minimum purchase size of one unit, the bond's terms indicated a single payment frequency, further supporting the zero-coupon or principal-only repayment structure at its maturity. Confirmation has been made that this obligation has indeed fully matured and its principal amount was duly repaid to investors, concluding its lifecycle on the market.