Bond Québec Province 0% ( CA74815ZC759 ) in CAD

Issuer Québec Province
Market price refresh price now   100 %  ⇌ 
Country  Canada
ISIN code  CA74815ZC759 ( in CAD )
Interest rate 0%
Maturity 01/04/2040



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Minimal amount 1 CAD
Total amount /
Cusip 74815ZC75
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 fixed-income instrument, classified as a bond, issued under Canadian jurisdiction. Identified by its International Securities Identification Number (ISIN) CA74815ZC759 and its CUSIP code 74815ZC75, this debt security provides a unique reference within global financial markets. The issuer of this bond is the Province of Quebec, a major sub-sovereign entity within Canada. As one of Canada's most populous and economically significant provinces, Quebec frequently accesses capital markets to fund its extensive public services, infrastructure projects, and general government operations, making its issuances a significant component of the Canadian fixed-income landscape, reflecting its role in financing essential public expenditures. This particular bond is denominated in Canadian Dollars (CAD) and currently trades at 100% of its face value in the secondary market. A defining characteristic of this bond is its 0% interest rate, indicating it is a zero-coupon bond; unlike traditional coupon bonds that pay periodic interest, investors in this instrument do not receive interim payments, and the return is typically realized through the appreciation of its price to par value at maturity, though its current trading at par implies an effective zero yield to maturity. The bond carries a long-term maturity date of April 1, 2040, providing investors with exposure over an extended horizon. Consistent with its zero-coupon nature, the payment frequency is listed as 1, signifying a single principal redemption payment at maturity, and the minimum acquisition size for this instrument is set at 1 unit.