Bond Québec Province 0% ( CA74815ZY480 ) in CAD

Issuer	Québec Province
Market price	100 % ⇌
Country	Canada
ISIN code	CA74815ZY480 ( in CAD )
Interest rate	0%
Maturity	01/06/2042
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Minimal amount	1 CAD
Total amount	/
Cusip	74815ZY48
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, a prominent Canadian provincial government and a well-regarded sovereign-grade issuer known for its robust economic base and prudent fiscal policies, is currently observed in the market. Identified by its ISIN CA74815ZY480 and CUSIP 74815ZY48, this bond, originating from Canada, is denominated in Canadian Dollars (CAD) and notably features a zero-coupon structure, signifying that it does not disburse periodic interest payments to investors throughout its duration, with a singular principal payment expected at its maturity. The instrument is slated to mature on June 1, 2042, representing a long-term investment vehicle. Its current market valuation stands precisely at 100% of its face value, reflecting its par trading status. The minimum acquisition threshold for this security is set at one unit, facilitating access for a range of investors interested in Canadian sovereign debt exposure.