Quebec sells C$500 mln bonds - term sheet

Thu Apr 25, 2013 10:14am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

April 25 (Reuters) - Quebec on Thursday sold C$500 million ($490 million) of bonds due Dec. 1, 2045, according to a term sheet seen by Reuters.

The 3.50 percent bonds were priced at 98.3530 to yield 3.586 percent, or 118 basis points over the Canadian government benchmark according to the term sheet.

The lead manager on the sale was National Bank of Canada.