Quebec sells C$500 mln 10-year notes - term sheet

Tue Jun 18, 2013 10:01am EDT
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June 18 (Reuters) - Quebec on Tuesday sold C$500 million ($490 million) of 10-year notes due Sept. 1, 2023 in a reopening of an existing issue, according to a term sheet seen by Reuters.

The 3.00 percent notes were priced at 98.844 to yield 3.133 percent, or 96.5 basis points over the Canadian government benchmark.

The total amount now outstanding is C$5.0 billion ($4.9 billion).

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