
The Montreal Port Authority, established in 1821, is a key governmental organization located in Montreal, Quebec, that manages and oversees the port facilities of the city. Its primary purpose is to handle cargo, support local and international trade, and ensure efficient logistics operations.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
MONPOR 3.24% 2051-03-22 CADMontreal Port Authority | Canada | 2051-03-22 | 3.240 | 5.04 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Montreal Port Authority has issued bonds to finance its development projects and infrastructure improvements, with notable issuances beginning in the early 2000s. Recent offerings include a C$150 million bond in 2021, aimed at upgrading port facilities and enhancing operational capabilities. Currently, their bonds yield approximately 2.5%, competitive within the transportation infrastructure sector, and are backed by the authority's strong revenue generation from cargo operations.