Dec 18 The Canadian province of Quebec on
Tuesday issued C$400 million ($404 million) of notes in a
reopening of an existing issue, according to a term sheet seen
The 4.25 percent notes, due Dec. 1, 2021, were priced at
111.461 to yield 2.793 percent or 105.5 basis points over the
Canadian government benchmark.
The total amount outstanding is now C$6.4 billion ($6.46
The investment dealer arm of National Bank of Canada was the
lead manager of the sale.
Earlier on Tuesday, Quebec sold C$500 million ($505 million)
in a reopening of an existing issue, due Sept. 1, 2023.