Bond Québec Province 1.5% ( CH0232842341 ) in CHF

Issuer	Québec Province
Market price	100 % ⇌
Country	Canada
ISIN code	CH0232842341 ( in CHF )
Interest rate	1.5% per year ( payment 1 time a year)
Maturity	05/02/2024 - Bond has expired
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Minimal amount	5 000 CHF
Total amount	200 000 000 CHF
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. Financial market participants recently noted the successful maturity and redemption of a specific bond issued by the Province of Quebec, a prominent sub-sovereign entity within Canada. The Province of Quebec, known for its robust economy and fiscal management, is a regular participant in global debt markets, securing financing for its public services and infrastructure projects. This particular CHF-denominated bond, identified by ISIN CH0232842341, carried an annual interest rate of 1.5% and represented a total issuance size of CHF 200,000,000. While its historical market price stood at 100% and the minimum acquisition size was CHF 5,000 at issuance, the instrument reached its full maturity on February 5, 2024, and has since been completely repaid to bondholders, signifying the timely fulfillment of its obligations.