Bond Québec Province 5% ( CA74814ZDK62 ) in CAD

Issuer	Québec Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA74814ZDK62 ( in CAD )
Interest rate	5% per year ( payment 1 time a year)
Maturity	01/12/2038
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Minimal amount	1 000 CAD
Total amount	500 000 000 CAD
Cusip	74814ZDK6
Next Coupon	01/12/2026 ( In 219 days )
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 bond market reveals a specific issuance from the Province of Quebec, identified by ISIN CA74814ZDK62 and CUSIP 74814ZDK6. The Province of Quebec, a significant sub-sovereign entity within Canada, is recognized for its robust and diversified economy, encompassing key sectors such as aerospace, information technology, renewable energy, and natural resources. This economic stability, combined with prudent fiscal management and a strong institutional framework, underpins its consistent presence and high credit standing in the debt capital markets as a reliable issuer of public debt. This particular fixed-income instrument, denominated in Canadian Dollars (CAD), carries an annual interest rate of 5% on its principal. The total issue size for this bond is CAD 500,000,000, structured with a minimum purchase amount of CAD 1,000, making it accessible to a range of investors. Interest payments are scheduled annually, with the bond reaching its maturity on December 1, 2038. As of current market data, the bond is trading at par, reflecting a market price of 100% of its face value.