Français
ItalianoBond Québec Province 3% ( CA74814ZEP41 ) in CAD
| Issuer | Québec Province |
| Market price | 100 % ⇌ |
| Country |  Canada
|
| ISIN code |
 CA74814ZEP41 ( in CAD )
|
| Interest rate | 3% per year ( payment 1 time a year) |
| Maturity | 01/09/2023 - Bond has expired |
|
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 | 6 370 000 000 CAD |
| Cusip | 74814ZEP4 |
| 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 specific fixed-income instrument issued by the Province of Quebec, identified by ISIN CA74814ZEP41 and CUSIP 74814ZEP4, has recently completed its lifecycle in the Canadian debt market. The Province of Quebec, a prominent sub-sovereign entity within Canada, regularly accesses capital markets to finance its operations, leveraging a stable economic base characterized by diverse industries and a well-managed provincial budget, rendering its debt instruments generally considered high-quality. This particular bond, denominated in Canadian Dollars (CAD), was part of a substantial CAD 6,370,000,000 total issuance, carrying an annual coupon rate of 3% and a minimum purchase increment of CAD 1,000. Having traded at 100% of its par value, indicating its full market valuation at or near maturity, the security officially matured on September 1, 2023, and has since been fully redeemed by the issuer, completing its financial obligation to bondholders. |