Bond Québec Province 0% ( CA74814ZCJ09 ) in CAD

Issuer	Québec Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA74814ZCJ09 ( in CAD )
Interest rate	0%
Maturity	01/04/2040
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	463 000 000 CAD
Cusip	74814ZCJ0
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 examination of the debt instrument identified by ISIN CA74814ZCJ09 and CUSIP 74814ZCJ0 reveals a bond issued by the Province of Quebec, a prominent sub-sovereign entity within Canada. This bond, denominated in Canadian Dollars (CAD), is currently quoted at a market price of 100%, and matures on April 1, 2040. Characterized by a 0% interest rate, this bond is structured as a zero-coupon instrument, where the return to the investor is typically realized from the difference between its purchase price and its face value at maturity; its payment frequency is noted as '1', which for a zero-coupon bond generally signifies a single principal repayment at maturity. The total size of this particular issuance amounts to 463,000,000 CAD, with a minimum purchase size set at 1,000 CAD. As the issuer, the Province of Quebec holds a significant position within the Canadian federal system, boasting a diversified and resilient economy that spans vital sectors such as aerospace, information technology, natural resources, and manufacturing, underpinning its strong fiscal capacity and creditworthiness as a frequent participant in global capital markets. The Province's established governance framework and consistent track record in managing its public finances contribute to its reputation as a reliable and stable issuer, with its bond issuances serving as a key mechanism for financing essential public services, infrastructure development, and strategic economic initiatives across the province.