Bond Québec Province 0% ( CA74815ZB769 ) in CAD

Issuer Québec Province
Market price refresh price now   100 %  ⇌ 
Country  Canada
ISIN code  CA74815ZB769 ( in CAD )
Interest rate 0%
Maturity 01/10/2036



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Minimal amount 1 CAD
Total amount /
Cusip 74815ZB76
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 financial analysis of the Province of Quebec's bond offering reveals a distinctive instrument identified by ISIN CA74815ZB769 and CUSIP 74815ZB76. The issuer, the Province of Quebec, represents a key sub-sovereign entity within Canada, renowned for its diverse economy encompassing strong natural resources, aerospace, information technology, and a robust public sector. As a frequent participant in global debt markets, Quebec maintains a stable credit profile, relying on bond issuance 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 obligation, meaning it carries a stated interest rate of 0% and does not provide periodic interest payments to bondholders. Instead, investors typically acquire such bonds at a discount to their face value, with the yield generated from the difference between the discounted purchase price and the full par value received at maturity. The bond is set to mature on October 1, 2036, and is currently observed trading at 100% of its par value on the market, implying that investors holding the bond to maturity would realize a 0% yield, consistent with its zero-coupon nature and current pricing. The minimum acquisition size for this instrument is one bond, making it accessible to a range of investors. This offering provides a mechanism for capital preservation in CAD for investors with a long-term horizon who are not seeking periodic income, instead focusing on the return of principal at maturity.