Bond Québec Province 0% ( CA74815Z6H07 ) in CAD

Issuer	Québec Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA74815Z6H07 ( in CAD )
Interest rate	0%
Maturity	21/09/2049
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Minimal amount	1 CAD
Total amount	/
Cusip	74815Z6H0
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 describes a bond instrument, identified by ISIN CA74815Z6H07 and CUSIP 74815Z6H0, issued by the Province of Quebec, a significant sub-sovereign entity within Canada renowned for its robust economy and consistent fiscal responsibility, whose debt is widely regarded as a high-quality investment within the North American fixed-income market; currently trading at 100% of its face value in Canadian Dollars (CAD), this particular security is notable for its 0% interest rate, signifying it as a zero-coupon bond where investor returns are derived from the accretion of its principal value from a discounted issue price to its full face value upon its maturity on September 21, 2049, rather than through periodic coupon payments, with its issuance originating from Canada and featuring a minimum acquisition size of one unit, reflecting the singular payment event at its distant maturity.