
City of Montreal, founded in 1832 and located in Quebec, Canada, serves as the largest city in the province and a significant cultural and economic hub. The city is dedicated to providing high-quality public services and infrastructure to its residents and businesses, fostering a vibrant urban environment.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
MNTRL 4.25% 2033-09-01 CADCity Of Montreal | Canada | 2033-09-01 | 4.250 | 3.65 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Montreal has a well-established history of bond issuances, first starting in the late 19th century as a means to fund municipal projects. Among notable issuances, the city issued a series of bonds in 2020 to finance public transportation improvements amid the COVID-19 pandemic, which garnered substantial investor interest. As of October 2023, the city’s bonds yield competitively in comparison to similar municipal offerings, with strategic features such as green bonds aimed at funding environmentally sustainable projects. Recent initiatives include a new bond series launched to support urban renewal, enhancing both infrastructure and investment appeal for retail investors.