Bond Québec Province 0% ( CA74815Z5Y49 ) in CAD

Issuer	Québec Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA74815Z5Y49 ( in CAD )
Interest rate	0%
Maturity	21/03/2045
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Minimal amount	1 CAD
Total amount	/
Cusip	74815Z5Y4
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. This financial article details a specific bond issuance by the Province of Quebec, identifiable by its ISIN CA74815Z5Y49 and CUSIP 74815Z5Y4. The issuer, the Province of Quebec, stands as a prominent sub-sovereign entity within Canada, renowned for its stable and diversified economy, significant natural resources, and established creditworthiness in global capital markets, regularly issuing debt to finance its public services, infrastructure projects, and general budgetary requirements. This particular bond, denominated in Canadian Dollars (CAD), is characterized as a zero-coupon bond, bearing a stated interest rate of 0%, meaning no periodic interest payments are distributed to bondholders. Investors in this instrument are typically compensated through the difference between the purchase price and the bond's face value at maturity; however, the current market price is quoted at 100% of its face value, indicating that it is trading at par. The bond is set to mature on March 21, 2045, representing a long-term investment horizon, and the principal repayment occurs as a single payment at maturity. With a minimum purchase size set at 1 unit, this offering provides accessibility to a wide range of investors seeking exposure to debt issued by a Canadian provincial government.